News & Articles

 

Reducing an Inheritance tax liability

In 2009, a child could inherit €542,544 from their parents and pay Capital Acquisitions Tax (CAT) of 25% on the remainder. Fast forward to 2014 and a child can inherit €225,000 tax free and pay CAT of 33% on the remainder. In Ireland, where parents still feel the need to leave an inheritance, the inheritance […]

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First Time Buyers

First time buyers guide to getting a mortgage

Planning to buy your first home is a big move. As well as the emotional side of deciding to become a home owner, there is a lot of paperwork and criteria to satisfy before a bank will give you a mortgage. This is my guide to help first time buyers guide to get a mortgage. Deposit […]

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How much do you need to put into an education fund?

While the cost of college is supposed to be free at present (if you ignore the €2,750 registration fee), not many believe this will continue for too much longer. Looking at the UCD website, you can expect to pay from €5,857 to €8,935 per year in fees. Add in the cost of books and rent […]

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Should I pay off my mortgage early?

Should I pay off my mortgage early?

I have had this discussion with a few people in the last week, should I pay off my mortgage early? There are a number of considerations that need to be made before you start reducing your mortgage. Other debt Do you have other debt at a higher interest rate? If so, you should clear this […]

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The power of compounding

The Power of Compounding

I was giving a presentation at the Dun Laoghaire Rathdown Chamber of Commerce B2B meeting last week on pensions. Beforehand, I was talking to David Crawford who as me ‘would it be better to start with a cent and have it double every day for a month or have €1m right now?’ I knew it […]

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Retirement Options - How to mature a pension

Retirement Options – How to mature a pension

The world of pensions has become more complex over the years so when it comes to retirement, people don’t know where to start when it comes to maturing their pension plans and starting their retirement. Today, I am going to look at the the retirement options available and how to mature a pension. There are […]

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What happens to your pension when you are made redundant?

Unfortunately, since the death of the Celtic Tiger, a lot of people have been made redundant from their jobs. A lot of these jobs had pension schemes attached to them. What happens to your pension when you are made redundant? There are a number options that are open to you. Leave your pension where it […]

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Annuity

Annuity – to indexed link or not

As a financial advisor, I constantly tell my clients to be aware of inflation. It’s always there and will eat away at the real value of your money. So when it comes to annuities, why do I tell my clients not to protect their pension from inflation? Let’s look why. Let’s take the following scenario: […]

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Investment Process

Investment Process

Back in the 2000’s, when all was good in the world, people didn’t care where they invested their money, it all when up anyway. It was only when things crashed that they said to you “I didn’t know I had invested in  Chinese equities!” As an advisor, I am determined to learn from the mistakes […]

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How has your world changed?

I met with my business coach, Jason McChesney, last week and we were talking about how the world changes personally as well as the world as a whole. This got me thinking to how my world changed in the last few years. Although working in financial services for 13 years, I have been financial planning since […]

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