Our expert pension advisors will tailor a pension plan to secure your future and protect your wealth. We’ll find the best options in the market, so you can relax and enjoy a worry-free retirement.
Getting the right pension advice can be crucial in ensuring you have a secure retirement. A pension consultation with us can help you understand what’s best for you based on your circumstances. With an extensive team of qualified pension specialists, we can guide you in making informed decisions to maximise your pension’s potential.
Whether it’s reducing your contributions or restructuring your investment strategy, a pension consultation can help you navigate the complexities of planning for your retirement, so you don’t have to stress about it.
We strive to ensure the process is stress-free and seamless, so no matter what you want to do, we’re here to help.
A personal pension is a retirement savings plan that allows you to make contributions on a regular or one-off basis. Your contributions are then invested with the goal of building a pension pot that will provide you with an income in retirement. As a flexible option for those who are self-employed or without access to a company pension plan, a personal pension can help you secure your financial future. It’s important to choose the right plan and investment strategy for your needs, so talk to us today to ensure you make the most of your personal pension.
A PRSA is a Personal Retirement Savings Account that can help you save for your retirement. These investment accounts allow you to invest your savings in a range of funds through your account, providing you with flexibility and choice when it comes to retirement planning.
If your employer doesn’t offer a company pension scheme, they are required to provide you with access to a standard PRSA, which is regulated by the Irish government. Make sure you get the most out of your PRSA by contacting us today.
A personal retirement bond (PRB), also known as a ‘buy-out bond’, is a personal pension contract that’s designed to receive transfer payments from an occupational pension scheme. As a result, PRBs are a popular choice for those who have changed jobs and want to transfer their pension from their previous employer’s scheme. With a PRB, you can maintain control over your pension and enjoy the flexibility of choosing where and how to invest your funds. Chat to us today to ensure you understand the risks and benefits of a PRB and that it’s the right choice for your retirement goals.
As a busy self-employed person, it’s easy to put pension planning to the back of your mind, but failing to set up your own pension plan can leave you in a precarious financial position come retirement. Without your own pension, you’ll be dependent on the State pension in Ireland, which provides €265.30 per week. To avoid this situation, it’s important to take control of your retirement planning and set up a self-employed pension plan.
We can help you navigate your options and find the right plan for your needs, ensuring you have the financial security you require in retirement.
If you already have an existing pension, it’s important to have a regular review to ensure you’re up to date with the latest charging structures. Charges have changed significantly over the last 5-10 years, and you don’t want to be paying too much to your pension provider. At askpaul we offer pension reviews to ensure you have the best charging structure for your needs. We’re confident we can beat your current structure and save you money, so book in for a review with us today to secure your financial future.
Auto-enrolment is a new retirement savings system for employees that will be introduced in January 2025. But how will it impact you? It’s necessary to understand its implications and make informed decisions to ensure a comfortable retirement.
If you do not have a pension scheme, you will rely on the state pension when you retire, which may not be sufficient and can leave you financially vulnerable in retirement.
We’ll help you explore all your options, find the right plan for your needs & tailor it specifically for you based on your goals.
AVCs are supplementary pension contributions that individuals can make to enhance their retirement savings beyond their primary pension plan. Through this individuals have the opportunity to boost their pension pot, increase their pension income in retirement, and potentially enjoy tax benefits on their contributions. AVCs offer flexibility and customisation in pension planning, allowing individuals to tailor their retirement savings strategy to meet their specific financial goals and retirement aspirations.
We’ll review your current pensions, explain your options, and map out a clear plan to reach your retirement goals. You’ll also show you how tax relief can boost your contributions.
Our pension consultation is completely free, with no hidden fees or obligations.
We’ll explain how personal and company pensions work, Personal Retirement Bonds (PRB), Additional Voluntary Contributions (AVC) and the new auto-enrolment scheme, and which ones apply to your situation.
It depends on your age, income, and goals, but even small contributions can add up thanks to tax relief and compound interest growth.
We can review your existing pensions and, where it makes sense, combine them into one plan to cut costs and simplify management.
In most cases, your pension passes to your spouse, dependants, or estate, and we’ll explain how this works for your plan.
Pensions are for retirement, but once you reach retirement age you can usually take up to 25% tax-free as a lump sum.
Generally no, except in limited cases like serious illness; we’ll explain the specific rules for your plan.
The earlier the better, but it’s never too late, the key thing is to take action now.
Yes, we regularly review your plan, check performance, and adjust contributions so your pension stays on track.
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