Search Results for 'Pensions in the United Kingdom'
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One of Ireland’s top pension experts has warned Irish consumers to check their pensions and seek professional advice before making any decisions on it.
There is a lot of focus on the area of savings for retirement lately. Questions are being asked about the real value in having a pension when we finish working. This is very much an individual choice and one that needs to be addressed in a meaningful way, by all of us at some point. I believe we must plan for our own retirement as no one else will look after us in our non-working years. A pension remains the best way to do this. Here are my top eight reasons why pensions still make sense:
The question may be asked, what is all the fuss about pensions at this time of year? The answer is simple. By making a contribution into your pension before October 31, or November 15 for those who make tax returns online, you will qualify for tax relief on the amount you contribute, thus reducing the net cost to you.
Can I claim tax relief on my life insurance costs?
When you move from one job to another, what becomes of your pension benefit? Have you left pension benefits behind you when you left or changed employment?
The Irish National Teachers’ Organisation said government can afford to pay the cost of teachers’ pensions. The union criticised what it called plans by government to walk away from any responsibility for pensions.
Research conducted for AIB by RED C Research shows that 73 per cent of adults without a private pension say they would need to supplement the state pension to maintain their current lifestyle, while 54 per cent of adults who are saving for a private pension have no idea what income this is likely to provide.
Mayo consumers are saving more than ever and are now looking for new ways to shore up their money for the long-term, according to Tony Raftery, manager of Acorn Life in Mayo.
The author of the Government commissioned An Bord Snip report has suggested that a general tax of €1,000 per head would be a fair approach in relation to property taxing in Ireland.