We hope this finds you and your families keeping well despite the evolving situation regarding the Covid-19 virus and it’s impact on all strands of society and economic life in Ireland. Given this uncertainty, we felt it might be useful to share some of our thoughts on what’s happening at the moment and what that might mean for…
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There has been losses on global stock markets over the last few weeks predominately relating to the Covid-19 outbreak. With the amount wiped off global shares now heading into the trillions, concern is growing about the longer-term impact the virus may have on share values which will have an impact on your longer term investments…
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3 topics covered in the personal finance section of the Irish Independent today. Mortgages: Should you be your banks ideal customer and over pay each month if you can get a better interest rate someplace else!! No way.. Life Assurance: Sufficient cover should be in place to maintain the same standard of living within the…
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Goal based financial planning provides our clients with a greater sense of financial clarity, peace of mind and control over their financial futures. If you want to see how goal based financial planning can help you, contact Eolas Money and we will be happy to show you. 052 612 9696 or queries@eolasmoney.ie#
Its that time of year when life assurance companies publish their claim statistics and here are some interesting details from Zurich Life’s 2019 death & serious illness cover claim statistics. In relation to serious illness claims, heart related illnesses account for 31% of male claims and yet for females, it was only 3%. At Zurich,…
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One of the key benefits of saving for your retirement is the tax treatment of pension returns compared to other investments. See below: Investment Funds = Exit tax 41% Deposits = DIRT 33% Equities = CGT 33% Rental Income = Income Tax 20% or 40% plus PRSI & USC Pensions = Tax free Returns So…
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It was a pleasure to meet with Cork & Kerry staff of ESB Networks over 2 days and deliver Financial Wellbeing initiatives as part of their in service training days. 1:2:1 employee clinics are always very well received as staff get the opportunity to discuss personal topics within these confidential clinics. If you are contemplating…
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“To retire with a private pension of €19,500 a year – which is half the average industrial wage – at at age 68, you need to save a fund of €463,900. The cost of saving to get to the same final amount almost doubles every 10 years you delay saving” Employers – Are you doing…
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Thank you to all the staff from the Health Products Regulatory Authority & other employers who attended our various Financial Wellbeing seminars this week. Jim & Brendan had the pleasure of speaking to over 200 employees who are keen to improve their financial wellbeing during 2020 so let’s hope they listened
A big thank you to Dr. Niall Moyna, Carrie Budds and our own Jim Stapleton for their excellent presentations at our inaugural “Improving Personal Wellbeing Conference” last week in the Clonmel Park Hotel. The conference covered Digital, Physical and Financial Wellbeing & to say the contributions were “thought provoking” would be an understatement! A great…
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