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No, they'll receive 30% of a State Contributory Pension.

If she doesn't qualify for any State Contributory Pension at 66, she can defer until 67, 68, 69 or 70. If needed, she can also obtain Class S contributions by setting up an ARF with her AVCs and making withdrawals from the ARF.

Bonds and equities fell in value during 2022 but recovered since. So you should have seen a recovery since 2022. If the annual charge is 1.25% then it's likely that your broker is getting paid an ongoing commission. What does your broker advise regarding your fund choice? She should have...

Agreed. As @Steven Barrett says above, the important detail on how the system will work hasn't been figured out yet. It's not yet known who will get the contract to run the scheme. The idea that it can all be figured out and a brand new processing company of sufficient size and scale to...

An ARF is a new product. Even though you're dealing directly with Zurich Life it's likely that someone in Zurich is getting paid commission. Ask Zurich to clarify what the charges on your ARF will be and how much commission will be paid to one of their sales agents. It's possible that one of...

As they don't seem to have "earned income" for Income Tax purposes, then I don't think they'd get any tax relief on a PRSA contribution, other than tax-free growth on the fund. That said, if they're tax exempt in retirement, then this might not be such a big issue. They can make...

The Pensions Authority have a calculator which enables you to calculate how much you'd need to contribute to arrive at a level of pension at retirement, subject to a whole heap of assumptions which are stated on the website. You could use that as the basis for your estimate. It's here.

If you set up an AVC PRSA with a provider of your choice, you notify Revenue of it once, Revenue increase your tax credits and from then on you get the tax relief via payroll anyway.

If you're looking for professional advice, cheapest and best are rarely the same thing. I assume by "best" you mean highly qualified, experienced, knowledgeable and with high ethical standards. I doubt if someone who fits those criteria will also be selling their services for the cheapest...

National Pension Helpline is not a broker. It's a web-marketing company. They use the website to generate enquiries and then they pass these enquiries on to a broker for a fee. It's been pointed out here on Askaboutmoney before that some of the information posted on the website is wrong...

Do you see "Like ... Quote ... Reply" links on the bottom right corner of the post? If so, Like. If not, it may be because new posters have some features limited for anti-spam reasons. A few more posts and you should be able to Like.

The assumed annuity rate of 4% is also over-generous. Knock it back to 3.5% to include spouse's pension and annual escalation and the annual pension is under €13,000 per year. Comparison with an ARF are invalid as an ARF is not a guaranteed lifetime income.

This is a very dodgy claim to make. He can show you that Zurich may have done better in the past. It's simply wrong to claim that they will perform better in the future. If anyone knew for certain that Zurich or any other company were going to perform better than the others in the future, why...

Free advice is just a sales pitch, to get you in the door so that they can sell you something. Nothing wrong with that, but don't be under any illusion that you're getting anything for free. There are several brokers who share their expertise regularly in the pensions area of Askaboutmoney...

Aren't Davy hiking up their PRSA fees from May?

Are you in a pension scheme at present? If not, and if you have the means, you could put money into a PRSA now, claim tax relief on the contribution and retire it next year. You would receive 25% of the PRSA as a tax-free lump sum and you can draw down the remaining 75% over a couple of tax...

This could get very messy. Consider this. She rents it out. Gets good tenants for years. Mortgage is paid down a fair bit. House goes up in value a fair bit. Ex-partner pops up and wants a share of the equity. If she's still on the mortgage and looking to get a new mortgage, it might...

How much were you paying each month on the mortgage?

From Wikipedia... "Prudential Life operated in Ireland until its acquisition by Irish Permanent Building Society. The life office then traded as Progressive Life. In 1999, Irish Life Assurance plc and the Irish Permanent Building Society merged to form the Irish Life and Permanent Group, and...

In what way were Irish Life no help? If memory serves, they took over Prudential's Irish policies.