Pension

Name Announced for Auto Enrolment Pension

Heather Humphries, the Minister for Social Protection, has announced the new name for Ireland’s long awaited auto enrolment pension scheme.  My Future Fund has been chosen as the “easy to remember” moniker, a move intended to make clear the purpose of the pension savings scheme ie. to save and [...]

2025-02-06T14:12:53+00:00November 18, 2024|News, Pension|

State Pension in Ireland FAQ

If you are planning your income in retirement, you may have a lot of questions about the State pension in Ireland.  Here are some of the most commonly asked questions about the State pension in Ireland so that you will have the knowledge you need to make informed decisions [...]

2025-06-10T08:26:18+00:00September 15, 2024|State Pension|

Historic pension auto enrolment bill passes Dáil

The government has passed a landmark law which will create a new automatic enrolment pension scheme to address a deficit of pension savings in the country.  The Automatic Enrolment Retirement Savings System Bill 2024 has been sent the President to be signed into law after being passed by both [...]

2024-11-12T06:30:00+00:00July 18, 2024|Pension|

Fixing Pensions In Ireland

There are many problems that exist within the Irish pension ecosystem.  When compared to the pension systems of, say, the U.S and the UK, Ireland’s pension system appears to be archaic at the best of times.  If it were a case of “if it ain’t broke don’t fix it” [...]

2024-07-03T13:51:38+00:00July 3, 2024|Pension|

Tax On Investments & Savings Ireland

Benjamin Franklin once said that “in this world nothing can be said to be certain, except death and taxes”. Indeed, Irish tax residents are all too familiar with the Exchequer taking a sizable share from their hard-earned income and gains.  The most common form of taxation that the average [...]

2024-05-30T12:48:18+00:00May 30, 2024|Pension Investment, Taxation|

Pension Advice for Stay at Home Parents

Many parents make the decision to stay at home with their children, to be involved with their lives as well as avoid high childcare fees and lengthy commutes. The 2022 Census recorded 272,318 people in Ireland who expressed looking after the home or family as their principal economic status.  [...]

2024-05-30T09:41:58+00:00April 29, 2024|Pension|

Personal Investment Portfolio vs. Private Pension

A 2023 study from the Banking & Payments Federation Ireland revealed that only 1 in 3 or 33% of adults in Ireland own an investment product other than a pension and/or a residential property.  Of the 67% of adults without an investment product, a whopping 33% stated that they [...]

2024-04-29T14:46:05+00:00March 19, 2024|Pension|

Average Pension in Ireland

What is the average pension pot in Ireland? How much should I have in my pension savings to retire comfortably? What will my income be in retirement? The CSO reports that 66% of workers aged 20-69 have some form of pension coverage outside of the state pension. This has [...]

2024-03-11T12:57:00+00:00March 3, 2024|Pension|