There is a lot of posts on social media about transferring your house to your children now instead of leaving it to them when you die. When you do so, you get a right to residence so you can continue to live there. Is it beneficial? Fair Deal The main purpose of transferring your home […]
There was a lot of news last week about a hedge fund called Situational Awareness. It is run by a 24 year old called Leopold Aschenbrenner, who built a portfolio valued at $45 billion from his investments in AI companies. It had to be bailed out by Ken Griffin’s Citadel after some of its investments […]
I came across a case of someone who is retiring and wants to set up an ARF. They said they had “very little knowledge on finance” but they wanted to set up an ARF themselves. This always rings alarm bells for me. I am very bad a DIY. I have watch YouTube videos on how […]
There is a lot of consolidation going on in businesses over the last few years (lots going on in my industry too). It used to be the sellers would go looking for a buyer when they were approaching retirement. Now it is the buyers looking for companies to buy. If you are approached to sell […]
I was watching All Aboard! Scotland’s Poshest Train which is a journey on the Royal Scotsman train. The scenery was beautiful as the train passed through remote parts of Scotland and the guests were treated to fine dining experiences on their journey. Something you would certainly see yourself enjoying. Then came the price, £7,000 (€8,500) […]
Let me start this blog by saying that a large part of my working life filling out forms. You could say I am an expert at filling them out. But I have never gone through a process as difficult as setting up enduring power of attorney for my parents. And it still isn’t finished, the […]
Index providers have metrics that must be met before they will consider adding a company to its institutional index. That is why when Peleton and Zoom were doing so well during Covid and subsequently crashed, index investors were not impacted. They never met the metrics to be included in most benchmarks. One of the metrics […]
Using a regular saver plan under a bare trust structure has become very popular. It is a great way of saving to helping out your children financially in the future and it does not impact on their future inheritance tax free thresholds. The most common question I get…and the biggest fear…is what happens when their […]
Working with retirees all the time, a question that forms part of their planning process is what to do with their pension lump sum? You can get up to €440,000 net, which is a lot of money. So what should you do it with? Pay down debt While most people have their mortgages paid off […]
The results of a study called “The New Retirement Reality” carried out by FPSB Ireland was published recently. In it, they found there is a huge gap between people managing their day to day finances and being ready for retirement. 74% of employees believe they manage their day to day finances well but just 21% […]