Here’s what to consider when moving Irish pensions abroad In Ireland, the concept of moving your pension overseas is fairly new but as Ireland becomes a hub for hundreds of global companies this means we have far more international workers earning income in Ireland. Consequently most of these multinational employees have pensions which they accumulate […]
Are you worried about redundancy? How can you protect yourself? As a former employee, I dedicated around 13 years of my career in financial services to the RBS group now NatWest. I had seen many changes in the group in those 13 years, most in the run up to 2008 were positive, from a bank […]
Who is this suitable for? Many Irish people have spent several years working in the UK and may have amassed some deferred pension benefits either through an ‘Occupational Pension’ plan or their own personal UK Pension Plan. If that individual has returned to reside in Ireland and intends to retire here then it makes a […]
British expats across the EU face UK bank account closures Now the US election is hopefully over we go back into a few weeks of what will hopefully be the final Brexit negotiations. No matter which side of that argument you were on, I think everyone will agree it’s time to move forward. On January […]
Executive Pensions Ireland – Explained What is an Executive Pension (EP)? It is a tax-exempt Revenue approved Pension vehicle that allows business owners and key employees to get the most value from their pension contributions. It allows a business owner to transfer surplus profits from the company to his/her Executive Pensions plan with no liability […]
Corporate co-director insurance explained What is Corporate Co-Director Insurance? Simply it is an insurance protection policy owned by the company and is affected for an amount that matches the monetary value of each Director’s business share. Why? The Directors of a private company are often the major shareholders and are charged with making the key […]
In this blog, Imperius Wealth’s Gerard Frew (Chartered Financial Planner) examines the changes to UK Pensions over the last few years and how the changes are affecting people with UK Pensions. Top points to consider: Legislative changes to UK Pensions On the 6th of April 2015 the UK Government passed radical legislation enabling everyone with a […]
The importance of financial advice If you are between 40-60 years of age and worked in the private sector, you may be fortunate enough to have a ‘Defined Benefit’ (DB) Pension, i.e. an occupational pension from a previous employer that amounts to a promise (not a guarantee) to pay a future retirement benefit annually (based on years’ […]
US passport holder who doesn’t know your PFIC from your ARFs? Over the past 20 years we have seen many US citizens move to Ireland to work for one of the many US multi-nationals. There have also been thousands of returning Irish who bravely moved to the USA in the 1970’s, 80’s and 90’s. An […]
Market turmoil – panic is for those without a plan
Ok, its officially a market correction, with the US ‘S&P 500 index’ down today {close of business GMT} over 25% since its high on 19/02/2020. The main factor causing this slump is the uncertainty from the health risk to the world population caused by a Global Pandemic* ‘COVID-19‘. (*WHO announced a Pandemic, 11/03/2019). This time round there is no finger pointing at financial institutions for poor credit underwriting ‘Sub-Prime Housing Lending’.