Archive for the 'General' Category

Lessons from the past

As the last decade ended, we were bombarded with articles and tweets about the best and worst of the last decade. I am going to do my own Blue chip We all believed that Irish banks were “blue chip” investments when they weren’t really. Companies like Coca-Cola, Disney, Microsoft are blue chip companies. Irish banks […]

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Closed company surcharge

The Revenue doesn’t like it when people save loads of money and they can’t get their hands on it. We have seen it with deemed disposal on investments and imputed distribution on ARFs. Another one that has been in place for a long time is the closed company surcharge where the Revenue will charge a […]

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Central Bank changes to being an Independent Advisor

The Central Bank issued its feedback to a consultation paper on commissions. While we welcome some of the measures, we feel the reforms are clunky and do not address the issue of overcharging and transparency, something that can be solved in a much simpler manner. Can’t be Independent if you receive commission From April 2020, […]

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How easily distracted are you?

How long can you go without looking at your phone? Answer honestly. If you are doing a big project in work or at home, how many times will you check your phone? It might just be for a second to see if new emails or WhatsApp messages have come in. We all do it and […]

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So much for a quiet summer

The summer has traditionally been a quiet time for the stock markets. But we certainly are not in ordinary times with Donald Trump in the White House and Boris Johnson at 10 Downing Street. The trade war between the US and China is really beginning to bite. After contiously telling everyone who would listen that […]

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Has trust in financial advisors improved at all?

I started my working life in 1998 and as an advisor in 2000. This was about the time when disclosure regulations came in and financial advisors had to disclose the commissions they were being paid by insurance companies. Back then, advisors took 50% of the first years contribution as commission for pension plans. I had […]

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Why going direct isn’t necessarily cheaper

The odd time I get a call from someone enquiring about a pension, investment or risk benefits. They are a bit standoffish and by experience you know they are looking for free advice before they go off to do their own thing. They think if they go directly to the insurance company, they will get […]

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Conflicts of Interest

I was updating our Conflicts of Interest policy today and it got me thinking of how the financial advisors compare to other industries when it comes to conflicts of interest. First of all, I’ll start by outlining our own policy. Bluewater’s potential conflicts of interest We may receive commission from a provider which business is […]

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Is blogging worth it?

On 22 July 2013, I posted my first blog on this website. Here we are just over 4 years later, posting my 200th blog post. So this week, I am going off topic and I am going to talk about blogging and whether I have found it to be beneficial. Library of Information People ask me […]

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What are you looking for in a financial advisor?

The screen on my iPad cracked and I needed to get it repaired. I wanted somewhere close to where I work in Sandyford and Expertech in Foxrock was recommended. I gave them a call and the guy giving me the quote told me that they wouldn’t be the cheapest price out there. I didn’t want the […]

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