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Imperius Wealth

Market Commentary and Insights - September 2023

When relationships end, understanding the impact on pensions can be crucial for financial security. This guide simplifies Pension Adjustment Orders (PAOs) for retail individuals navigating divorce, separation, or the end of a civil partnership.

Why choose an Executive Pension (EP) for Wealth Extraction?

Whether you’re self-employed, part of a company pension scheme, or working in non-pensionable employment, the importance of saving for retirement is undeniable. One of the significant benefits of saving through a pension is the tax advantages provided by the government. In this blog, we’ll explore these tax-saving benefits and demonstrate why pensions are one of the most tax-efficient forms of savings

Standard Fund Threshold (‘SFT’) - 5 items to consider if your Pension is approaching the Irish SFT of €2 million

The Irish Revenue SFT is currently at €2 million, this means that an individual can tax effectively build a pension fund in their working lifetime (both private and public sector up to this limit). If their fund is greater than €2m then they are liable to Irish Revenue at a chargeable excess tax rate of 40% on every Euro accumulated in their pension fund over this limit

Financial Planning considerations

Retiring to Ireland as a US citizen or returning as an Irish native can be an exciting prospect, but it also requires careful financial planning. We have seen a huge increase in former Irish emigrants who left Ireland in the 1980’s & 1990’s looking at returning to Ireland as a safe place to live or retire. It’s important to consult with someone in Ireland who specialises in this area to ensure you structure your finances in a way that is favourable on both sides of the Atlantic.