Last week there was extensive media coverage of a report that, at a very high level, seemed to imply that pension funds are charging 3% p.a. in fees and are putting pension plan holders’ future pension pots in jeopardy as a result. For my own part a number of my own clients reached out to me and enquired as to whether this report was relevant to them and how much fees where they themselves paying.
The best way to grow your retirement savings is to invest them intelligently. Putting money in a bank deposit account will, after deduction of DIRT, more than likely not earn you enough to even cover inflation. In order to beat inflation you have to invest in such a way that your rate of …
Recently I helped a new client, of US citizenship, aged 28 and a full time worker in Ireland, set up a personal pension for herself. She wanted to make sure that her own retirement funding which she started in previous employments, also in Ireland, was continued. We chatted about pension funding in …
