Archive for the 'General' Category

Social media, the ultimate keeping up with the Joneses

Ever put up photos on social media of you at a fancy dinner or at a corporate event? Ever ask yourself the real reason why you did that? It isn’t to share the experience with your friends and family. It is to show them that you have something great. It could be touch line tickets […]

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Dwelling house relief

With property prices on the rise, it is very easy for someone who inherits the family home to be faced with a Capital Acquisition Tax bill for inheriting the family home. The threshold for inheritance from parent to child is €335,000 and just €32,500 from another relative. If the family home was valued at €500,000, […]

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Habit of a lifetime

As a financial advisor, I talk to all sorts of people about their money. Not all my clients are High Net Worth (a term often misapply to people who are high income earners but not wealthy) and I work with a lot of people who work hard, whether through running their own business or through […]

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There for the grace of god

There is a load of noise on social media about a girl called Molly Mae. I’d never heard of her before. She is an influencer and was on Love Island. She is doing well for herself these days and gave a tone deaf interview saying we all have the same 24 hours in the day […]

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How to increase the allowable size of your pension pot

The maximum pension pot anyone is allowed to have is €2 million. If you go over that, you get hit with some pretty penal taxes which can leave a bitter taste (you’ll be talking about the massive tax bill you got on retiring for the rest of your life). But not everyone is entitled to […]

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Changing bank accounts

I am one of Ulster Bank’s 1.1 million customers. My wife and I have our household account with them, so we have to move our account at some point. I was going to leave it until the last minute but Brendan Burgess of askaboutmoney.com told me that there will be chaos with people trying to […]

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The Finance Bill 2021 – The end of the AMRF

After Budget 2022 was announced a few weeks ago, the Finance Bill 2021 was published and it introduces some interesting pension reforms. The end of the AMRF The AMRF will be no more. This is something that we have been supporting for years and it is finally happening. We had been talking to the Revenue […]

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The future of financial advice

I have been working in financial services for 22 years and been advising people on their money for 20 of those years. There have been plenty of changes over that time but the biggest ones weren’t imposed by the Central Bank, they were imposed by the market, what people wanted. I worked for years under […]

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Are you talking to an Advisor or a Salesman?

I have written a lot about the role of the financial advisor and the lack of trust in the people giving advise in the industry that I have worked in for over 20 years. This came to the fore for me again when a new client came to me when they had doubts over an […]

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How to get your child into secondary school

This is slightly different to what I usually write about but it is hugely important and comes up in conversations all the time. Having just gone through the process myself, I have spoken to loads of parents who were hugely stressed over not being able to get their child into a secondary school. This applies […]

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