Category: Retirement planning

US markets make up around two-thirds of the world’s stock markets by value. So the US election on 5 November has global relevance for investors. How will political changes impact the values of equities, bonds, and other assets? The result itself… …is too close to call. Yes, there is some evidence of an emerging ‘Trump … Continued

In the wake of the Budget, the government plans to introduce PRSA contribution limits.  That will restrict the amount that employers can pay into PRSAs for members of staff.  If you intend to pay substantial lump sums into your pension in the near future, you could be affected. Read on to understand what’s changing, how … Continued

The government has announced changes to the lifetime pension cap (also known as the standard fund threshold) in Ireland.  Currently the cap is €2 million, and beyond that, a penalty tax applies. The aim is to make sure the government gets its tax take. (There are some ways to squeeze a bit more below the … Continued

I am in my early 80s and have owned a two-bed apartment in Dublin city centre for many years now. I’ve never lived there, but some of my children and other family members have used it as a base when attending college and at other times. It has recently been vacated and I’m now trying … Continued

Everything you need to know to make a last-minute pension contribution ahead of the 2023 income tax deadline Making a lump sum pension contribution is a great way to rapidly increase your pension provision and secure your financial future. And now is a great time to top up your pension – sometimes called an Additional … Continued

Interest rates are finally being cut across developed markets. The European Central Bank met today and cut rates by 0.25% to 3.5%. The Federal Reserve is expected to cut US rates by the same amount, or maybe double, next week. And the Bank of England meets in a week’s time to consider the same question. … Continued

PRSAs can get complicated, but truth be told, many of us have the same questions.  Moneycube is here to help with our FAQ! From the benefits of a Personal Retirement Savings Account, to withdrawing it, and everything in between, here’s Moneycube’s rundown of everything you ever wanted to know about PRSA pensions in Ireland… but … Continued

Investors in risk assets will be pretty satisfied with the first half of 2024.  Most funds delivered sustained positive results.  Investors were rewarded in almost all asset classes, with equities up over 15% in Euro terms, bonds delivering continued yield, and gold and silver both reaching their highest prices in over a decade. Read Moneycube’s … Continued

My husband died recently, and for the first time in many years I am looking after my finances directly.  I am not under immediate pressure and have day-to-day income.  But our investment assets are now in my sole name, and longer-term, I want to have much better understanding of what is happening my money.  Where … Continued