A financial plan isn’t just a monthly budget. It’s a roadmap to financial freedom, confidence and security.
From how to choose a financial advisor to understanding common financial terms, our financial planning blog will help you move towards your financial goals.
Please remember that this blog is not financial advice. To receive advice using Moneycube, click here to contact us.
A Personal Retirement Bond (sometimes called a Buyout Bond) is a pension account you can use to transfer out pensions from old jobs. You keep all the tax benefits of a pension, but cut the link with your old employer. Using a Pensions Retirement Bond means you are fully in control of investment choices, get … Continued
With less than a week until the US election, markets have stayed calm. But the result could make quite a difference to some corners of the investment market. Moneycube examines the implications for your investment portfolio. Markets are pricing for Biden Right now, the markets are tentatively anticipating a win by Joe Biden. European investment giant … Continued
I have a Revenue-approved small self-administered pension (SSAP) fund with €300,000 in cash. I would like to invest it in building a house for rent. The house would be owned by the fund and the rental income paid into that. I have identified a site in Limerick. Can my SSAP fund purchase the site, apply … Continued
Irish Life ran a great ad ran last year, showing women queueing up at an ice-cream van on a summer’s day to buy a 99. Imagine their disappointment to be told they could only be served a “77”. What’s that? Well, it’s the same ice-cream, but yours is 22% smaller. Heck, even the flake is … Continued
I currently have my savings in a number of cash accounts, here in Ireland, earning not more than 0.25%. I am at an advanced age and would like to invest €100,000 in secure low risk investments. Can you advise me what I should do and how to go about doing it? – HL, Ireland Recent … Continued
If your employer pays over your contributions, then they’ll typically handle the tax deductions for you. But if you’re paying into a personal pension each month from your own bank account, you’ll need to let Revenue know so that they can adjust your tax credits. Here’s Moneycube’s handy guide to claim your tax credit on … Continued
Bank of Ireland recently decided to charge negative interest rates on individual pensions set up through trustees. Are you affected? We’ve set out the key facts and some options to consider. If you’d like to discuss how Moneycube can help you get to grips with this change, get in touch. What’s happened? It’s become clear … Continued
If you’re in the habit of checking in on your investments every six months, you’ll have had a pretty uneventful investing year so far. Many equity funds are flat, or even slightly ahead for the six months to the end of June 2020. Read on or jump to our newer midyear review 2021. But that … Continued
The government really wants you to save for your retirement. So they offer three great tax advantages to encourage you to save into your pension. Here’s Moneycube’s explainer on the three tax concessions for pension savers. Read how tax relief on pensions in Ireland works, how much you can claim, and how that will accelerate … Continued
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