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August 2023

August 2023.

Should I transfer my Defined Benefit Pension? [2024]

Defined Benefit Pensions and Transfer Values – do I stick or twist. Companies who have a Defined Benefit (DB) pension scheme often offer a transfer value to employees who have left service in lieu of a deferred guaranteed pension. What does this mean, and what things should you consider [...]

August 29, 2023|Pension|

Is it too late to start a pension?

It’s never too late to start a pension – but if you’re in your 50s, you should act quickly. Everyone wants security in retirement, and unless you win the lottery, having a pension pot is the only way that you can ensure this. There are many benefits of starting [...]

August 28, 2023|Pension|

€271 Billion State Pension Shortfall

The Irish old age State Pension is a vital support for retirees, funded by the Social Insurance Fund (your PRSI contributions). However, with changing demographics and an aging population, the sustainability of the system is in question.  In this article, we'll explore the key issues and potential solutions to [...]

August 18, 2023|Pension|

Pension adjustment orders

A pension adjustment order (PAO) is a court order which enforces the entitlement of a former spouse or partner or their dependents to a share or proportion of the pension arrangement of their former spouse or partner. PAOs are complex and there are a number of different aspects to [...]

August 14, 2023|Pension|