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.
Run for the hills when you pay off your mortgage
As AIB introduces Máire, another happy person who’s made it to the end of her mortgage, I wonder what the transition will be like from having no choice over where that money is going to having total discretion. Having been tied to a bank for 20 plus years, I only hope she hasn’t developed Stockholm Syndrome.
Enda Kenny’s number is €3 million, what is yours?
- May 27, 2017
- Bob Quinn
Did you hear that on retirement our Taoiseach Enda Kenny will get a pension worth €3 million? If you’re anything like me, you’ll be comparing that figure to your own. This week, I’ll explain why it really doesn’t matter what he or anybody else retires on, even you, unless you know one very important thing.
Did you hear the one about the three pension advisers…?
Think again if you believe you are the only one benefiting from all the money you are putting into your pension! Beware of what could be lost to the broker, tax advisor and the pension provider.
The Demise of the Defined Benefit Pension Scheme – a four-step guide
As the Defined Benefit Pension schemes disappear, it is necessary to consider next steps to deal with the transfer funds. Here are 4 considerations to bear in mind to help you with your decision.