Paradise Lost?

Paradise Lost?

Last weekend the newspapers were full of the Paradise Papers. Whether you think it’s morally acceptable for corporations to put their wealth beyond the reaches of governments or not, I have some advice this morning for individuals.

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Things to consider before buying property through your SSAP

Things to consider before buying property through your SSAP

In the last week, I discussed the costs of motoring with Ciara Kelly on Lunchtime Live and contributed to David McWilliams’ new show on TV3. The single market is not working for the Irish consumer; why not? I have attached links below if you’d like to listen back. But this week I am looking at what you need to consider if you want to buy property through a self administered pension. Enjoy!

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Keep it Simple, Stupid.

Keep it Simple, Stupid.

I spent last Tuesday and Wednesday at a conference in London which was all about investing, the barriers to success, and the distinct lack of trust of the financial services industry. The main take-away for me was down to the lack of transparency which leads to suspicion. This week I outline a few tips on navigating your way through the murky world of financial services.
Have a great weekend.

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I don’t know if I have a tracker mortgage

I don’t know if I have a tracker mortgage

This week I am going to refer to the tracker mortgage scandal, but relax, I’m using it to make point about how our ignorance of the details of our financial affairs can really hamper our ability to get what we want from life.

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Hidden fees on pension schemes will erode your wealth

Hidden fees on pension schemes will erode your wealth

A couple of weeks ago I outlined my growing concerns for an industry that presents itself as trading on trust and transparency, yet nothing could be further from the truth. The FT is reporting that from January of next year, a new regulatory crackdown in Britain will force asset managers to come clean on hidden fees and charges. Finally.

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A happy marriage involves effective finances

A happy marriage involves effective finances

Every week I meet couples who openly discuss their financial affairs with me. It’s refreshing to see a solid team at work. This week’s article outlines some of the ideas that have been shared with me down through the years. We can all learn a little bit more when it comes to managing our finances with our significant others.

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The 7 new golden rules for the savvy investor

The 7 new golden rules for the savvy investor

Open up the Sunday newspapers today to see numerous advertisements from ‘reputable’ financial services companies flogging you the latest capital secure, FX hedged, bio something or another. All you need to do to invest is ignore the risks and write a cheque! Before you do that, take a look at my 7 rules for investment success. These tips may save you thousands in the long run.

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Ulster Bank can say “It wasn’t me” all they like, but we know it’s just not true

Ulster Bank can say “It wasn’t me” all they like, but we know it’s just not true

Thousands of tracker mortgage holders are finally having their original rates reinstated. This week I look at the various compensation packages from the lenders, and at whether much has changed for the consumer when dealing with the financial services industry in the aftermath of the scandal.

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Complexity Does Not Add Value When Investing

Complexity Does Not Add Value When Investing

I had quite a reaction to Peter’s story last week, so much so that I thought I would look a little more deeply at the questions it raised and specifically at how a life company can afford to pay an intermediary €27,300 for Peter’s business. In so doing, I am touching on just one of the many conflicts of interest that are a feature of the financial services industry.

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Increased Standards in Financial Services Start With You

Increased Standards in Financial Services Start With You

I came across a case two and a half years ago that crystallised my view that the financial services industry is made up of product sellers acting in their paymasters interests in the first instance. Let me tell you about Peter, who got a 20-minute meeting with a broker about one of the most important decisions in his life. Nothing has changed in my mind since then. Stick with this, it’s a long one today.

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