Steven Barrett's Archive

We get one life, live it

We get one life, live it

Andy Friend is a long way from home. The Australian rugby coach has just finished a five year stint as head coach with Connacht rugby. It’s now time for him and his wife Kerri to go home and spend some time with their family. But they aren’t going straight home. Last year they bought a […]

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Trust the experts

Trust the experts

There was an online pile on recently when podcast host Joe Rogan challenged the Dean for the National School of tropical Medicine, Professor Peter Hotez to debate anti vaxxer Robert Kennedy Jr. Twitter owner, Elon Musk, then threw his weight behind Rogan and Kennedy. What did Hotez do? He accused Rogan of broadcasting disinformation on […]

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Can we afford it?

Can we afford it?

I got a phone call from a client at 21:55 last night. As he and his wife aren’t young, I answered, just in case. “Steven, we’re thinking of going to South Africa in the winter. It wasn’t in the plan. Can we afford it? And it’s a long flight, so we’re thinking of business class. […]

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If you don't have anything to occupy your time in retirement, volunteer

If you don’t have anything to occupy your time in retirement, volunteer

Retiring is a huge change for people, not just financially but emotionally. For decades, you have gotten up every morning with somewhere to go. You met and worked with people who have some of the same interests as you, often spending more time with work colleagues than your own family. Then it ends abruptly. Lots […]

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PRSAs - Don't ruin it for everyone

PRSAs – Don’t ruin it for everyone

Do you remember when you were smaller and your mum would let you and your brothers and sisters take something from the sweet press? And instead of taking one thing, you took loads of sweets? So she took away all the sweets? There was excitement in the pensions world with the annual funding limits being […]

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Caveat Emptor shouldn't be a tag line for investment advice

Caveat Emptor shouldn’t be a tag line for investment advice

A couple of Friday’s ago, while cooking dinner on the barbeque, I was flicking through Twitter on my phone. One tweet read that a liquidator had been appointed to Blackbee Investments in Cork. While I never used any of their products, I have a client who invested a considerable amount of money into one of […]

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What kind of advisor do you want?

I have been working as a financial advisor for 25 years. I have been an “old type” advisor, charging high commissions to reach my sales targets. Thankfully, for over half of my career I have been a “new type” advisor, working for my clients and getting paid for the work I do. While the industry […]

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Change of retirement specifications on PRSA's

Change of retirement specifications on PRSA’s

PRSA’s have always been somewhere between a personal pension and a company paid pension. While most of the rules for pensions are the same, each type has a few differences around the edges. The rules that applied to your PRSA depended on whether the PRSA was an employer based one (even if the employer didn’t […]

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Are banks in trouble again?

I wrote at the end of March about the collapse of three banks; two in the US and one is Europe. Last weekend, we saw First Republic Bank taken over by JP Morgan in a merger that was rushed through over a weekend. It is not surprising to see more banks collapse after ones of […]

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Enjoy the moment

Enjoy the moment

Life is about experiences, not possessions. It is about being able to recall about things that you have done in life. In saying that, I was one of the lucky 18,500 crammed into the RDS on Friday night to see Bruce Springsteen play what could be his last tour. Given his age and the energy […]

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