Helping you on Life's Financial Journey
Sticking to your no smoking New Year’s resolution may save you thousands on life cover Figures show smokers pay double on life insurance premiums January is a time when many smokers make it their New Year’s resolution to give up smoking once and for all. After the expense of Christmas, it may come as welcome…
Read more
Eolas Money are delighted to provide our SME clients with a digitalised pension platform allowing their employees access to real time information on their pension plan via their mobile app, tablet or laptop. Key Features of our digital Pensions platform allows members to: Immediately view their personalised pensions account via their mobile app, tablet or…
Read more
As had already been announced by Government, legislation was passed to keep the State Pension age at 66. There is now no provisions in legislation to trigger a future increase of the State Pension age to 67 from 01/01/2021 and to 68 from 01/01/2028. New legislation will need to be passed if the State…
Read more
Most parents dream of giving their children the best possible education and future. Whether this dream includes university, college or a technical school, one thing is for certain: education certainly isn’t free. The cost of education is rising annually and it is therefore vitally important that if you want to be able to afford to…
Read more
It’s coming towards the end of the calendar year and for lots of businesses, the end of their financial year also. If you are a company owner or director, you have substantial scope to extract cash reserves from your company and turn these reserves into personal wealth via retirement planning.. specifically, Executive Retirement Planning. What…
Read more
Yesterday’s Irish Independent had some 2019 life assurance claim stats from insurer Aviva confirming again that the leading causes of claims continues to be cancer, cardiac and respiratory issues.The average age of female claimants was 49 with breast cancer accounting for 45% of those claims & other cancers representing 31%. 60% of male claims were…
Read more
6 out of every 10 adults in Ireland have no will according a recent survey by Coyne Research. This is despite the fact that three quarters of those surveyed say its important to have a will!This 90 second animated video takes a look at five reasons why people might write their will. If Eolas money…
Read more
An article in today’s Independent.ie stating that the “Irish Fiscal Advisory Council has suggested the age to qualify for the State contributory pension could rise to 69 by 2035 and that Controversial proposals to increase the age at which people qualify for the State pension have been backed by the State’s budget watchdog.” This should…
Read more
Just a reminder for those of you who pay your Local Property Tax (LPT) by way of Annual Debit. As part of Revenue’s response to the Covid-19 pandemic, the payment date for Annual Debit instructions was deferred from March 21st 2020. Revenue will now present your debit instruction to your bank for full payment on…
Read more
Some scary statistics from Irish Life in this recent article! The average pension fund size at retirement for their pensioners is just €58,000. The pensions were so small that 60% of retirees were able to take the entire amount as a once-off tax-free lump sum, leaving nothing in their pensions to provide a regular income…
Read more
