Pension Fund Threshold Changes On the 18th September 2024, the Department of Finance released recommendations following an independent review of the Standard Fund Threshold (SFT) and other pension limits. Here are the key takeaways from the proposed changes: Standard Fund Threshold Increases: The SFT, currently set at €2 million, will rise progressively by €200,000 annually from 2026 until reaching €2.8 …
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Auto Enrolment – Guidance for Employers As there has been lots of media coverage on the Irish Government’s proposed Auto Enrolment (AE) scheme recently, here is some guidance as to how the proposed scheme will impact employers in Ireland. Background After many years of procrastination, we are closer than ever to seeing AE implemented in Ireland. There are estimated to …
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What strange and challenging times we are all living in. As Covid-19 continues to restrict all of us in Ireland and around the world, everyone is very concerned about their health and that of their loved ones. Levels of concern are then also heightened for many people who are looking at reductions in their income or indeed the complete loss …
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22nd March 2019 – LPI Dublin Broker of the Year We were absolutely delighted to win the prestigious LPI Dublin Broker of the Year award at last night’s ceremony in the Mansion House. This was our first year entering these awards, so it doesn’t get much better than this! These awards aim to give recognition to life, pension and investment …
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As the whole world no doubt knows, today is the day that the General Data Protection Regulations (GDPR) come into force. Accordingly, we have updated our privacy statement, linked here. Please feel free to read through this document and let us know if you have any questions at all.
Read MoreFollowing recent regulatory changes, we have updated our terms of business, effective immediately. You can view these updated terms here.
Read MoreIn recent years it seems that most of the budget is leaked in advance, and this year was no exception. For your convenience, we have highlighted the key points of today’s budget in this update. From a pensions perspective, the state pension will increase by €5 per week from March 2017. Tax relief on pension contributions also remains at 40% …
Read MoreFrom 22 June 2016, Revenue practice for retirement options on the treatment of Personal Retirement Bonds (PRB’s) for former members of Defined Benefit schemes has changed. Previously, these policyholders had to take benefits under the ‘traditional’ revenue formula of: a lump sum based on salary and service from the previous employer, and the remainder of the fund had to be used to …
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Good afternoon, The old saying “a week is a long time in politics” was never more true! It’s certainly been an eventful few days in the UK, with lots more political machinations to follow no doubt. MARKETS Thankfully, world stock markets have proven to be more resilient than Boris Johnson in the last few days. The FTSE 100 has recovered …
Read MoreBREXIT – Initial Market Update (Friday PM) Good afternoon, As the song goes “breaking up is hard to do”, but that hasn’t stopped the UK from voting to leave the EU in yesterday’s referendum. Following the vote to leave, it is not certain when the UK will officially notify the EU of its intention to leave under article 50 of …
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