Archive for the 'Pensions' Category

Would you invest all of your pension fund in just one stock?

At Bluewater, we have a clearly defined investment philosophy. One of our key investment principles is diversification. As property mania has taken hold in Ireland again, investors are losing their investment discipline and taking more investment risk by rejecting diversification in favour of concentration and debt. What is diversification? Taken from our investment philosophy: Diversification […]

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When I put money into a pension, where does it go?

I was at the Society of Financial Planners annual conference last week and the personal finance journalist Jill Kerby spoke about the public’s view and experiences of financial products. Looking from the inside out, I can see big changes and a lot more transparency than before but that obviously isn’t shared with the public. Then […]

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Auto Enrollment plans announced

Last Wednesday, the government published their Strawman proposal on the auto enrollment pension scheme. In other words, this is a very rough draft and the actual form of the scheme will be different. Personally, I am in favour of mandatory pension schemes as I believe that people should be able to enjoy retirement as well […]

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Pensions Roadmap 2018-2023

The government published the Pensions Roadmap, another document outlining the government’s plans to address a  number of pension issues that have tackled. This is another document that can be added to a number of pension papers that have been written and left sitting on a shelf. I have summarised some of the main points addressed […]

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Peer to peer lending for pensions? Really?!

Just after I write in a post about Investment Risk , there is news that peer to peer investing with Linked Finance is now available to pension investors. This is not something that we welcome as we believe that peer to peer finance is extremely risky and a lot of investors are not aware of the investment risks. […]

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Self Directed Pension Investment Restrictions

A few weeks ago, I wrote about self directed pensions and how they differ from the typical pension that you take out with an insurance company. One of the big differences is the greater freedom of investment choice. You are not restricted to the suite of funds that are offered by an insurance company. However, people being […]

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What is a self directed pension?

As people become more knowledgeable about investments they want to have more control over their investment choices. That is why that is one of the reasons why self directed pensions have become so popular in the last few years. A lot of people get confused when trying to understand the difference between traditional insured pensions […]

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Borrowing to buy property in your pension

Borrowing to buy property in your pension is back available. Last week ICS Mortgages announced that they are going to start lending again to pension funds to purchase property. During the Celtic Tiger, purchasing properties through pensions were very popular. When the recession hit, people couldn’t keep up repayments and fell into arrears. As the […]

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Changes to rules on pension transfers from the UK

If you have pensions in the UK that you want to transfer back to Ireland, there were some big changes made in the UK Finance Act recently that you should be aware of. In order to transfer benefits from the UK to Ireland, the receiving pension has to be QROPS (Qualifying Recognised Overseas Pension Scheme) […]

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Trivial Pensions

There are circumstances where people have relatively small pension plans when they get to retirement that will only pay them a pittance each year. To avoid that, the Revenue allow what is called a “trivial pension” ie the pension is so small, they let you cash the whole lot in. There are two circumstances where […]

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