Before we start: this article deals specifically with moving defined benefit, or final salary, pension schemes from the UK into Ireland. If you’re looking for a general view on moving your pensions back to Ireland, please click here. If you spent some of your career working in the UK, you may have built up defined … Continued
If you’re in your early 60s and thinking about retiring, decisions you make now can have a big effect on your post-work situation. Here’s a checklist of items to think about as you plan your retirement income. 1. What’ve you got? It’s time to dust down your existing pensions and investments. Fact is, the pension … Continued
If you have a lump sum to invest and simply want to gain exposure to the whole stock market, Vanguard’s index funds could be the answer. Their funds are simple, well-run, and great value. For Irish investors with a lump sum of around €20,000 or more, they’re very competitive. You can base a general investment, … Continued
The average age in Ireland is 37.4, and it’s a time of life when money matters start to get serious. Here’s our top 5 money mistakes to avoid in your 30s. 1. Searching for perfection Too often we burn up time in search of the perfect solution… and end up doing nothing. With money matters, … Continued
4 questions to ask before you sign up for a PRSA There are several reasons to consider starting a PRSA (Personal Retirement Savings Account) with your local bank. Starting a pension is a good move no matter how you do it. But before you sign up to a pension with an Irish bank, here are … Continued
Whether your money is invested in funds, on deposit at the bank, or squirreled away under the mattress, you’re faced with investment risk. Here, we outline four main kinds of risk your money faces, and what you can do about it. What is investment risk? As we’ve heard many times, investing involves risk: your investment … Continued
I’m thinking of investing €10,000 in Ryanair shares. Is that too little to invest – and is there a better alternative? – Margaret, Dublin Update 30 March 2020: this article was written before the major market moves of recent weeks – but its perspective rings even more true now. If you’re interested in Moneycube’s view … Continued
Investing for children has moved on from Henry the Hippo. Whether it’s planning for the cost of education, or a headstart in adult life, many parents see the advantages of putting money away now for their kids’ future. Trouble is, it’s not obvious how. So too many parents end up putting their cash into poor-paying … Continued
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