Search results

  1. T

    Redundancy - Implications of taking SCSB (Standard Capital Superannuation Benefit)...?

    A neighbour has told me that they are being made redundant after 10 years service and have been offered a redundancy payment of c€70k, of which c€13k is the statutory element. They were wondering what are the potential implications of taking the higher tax free portion via a SCSB. They have a DC...
  2. T

    Builder adding 10% to extras cost - normal or fast one..?

    Thanks mathpac for the quick reply. When the building work was being done, we agreed some changes and agreed the additional price. For example, €2k extra on windows, €550 for different doors etc Now he's presented the bill with these items on it at the agreed price, with an additional item at...
  3. T

    Builder adding 10% to extras cost - normal or fast one..?

    Hi Is it normal for a builder to charge 10% of the cost of extras as a management charge to handle them. We agreed various extras (windows, doors, insulation etc) that came to about €5,500 and builder has added 10% management fee to his final bill for these extras. I don't see any such clause...
  4. T

    How much monthly income do I need if I retire now?

    Here's a link to a thread on the UK money saving expert forum that asks a very similar question and now has nearly 70 pages of discussion. Different currency and cost of living will affect the calculations but the ideas are still the same. It's not a bad way to approach saving for retirement if...
  5. T

    Key Post Does an ARF negate the need to lifestyle your pension plan?

    New Ireland have a product for those looking for passive investing in a lifestyle fund who intend investing in an ARF... http://fundcentre.newireland.ie/#factsheet/f-1098-null/
  6. T

    €500,000 - Enough to retire on?

    I suppose I wasn't looking for an answer for myself rather to create a discussion on what's the best way to save for retirement. By at least having a target figure in mind you can attempt to reach that. Then whether you are 40 or 20 or 10 years from retirement you have a goal to reach for and...
  7. T

    €500,000 - Enough to retire on?

    Well obviously that depends on many factors - age, spending, other income, whether that's for a couple or single person, health etc. I'm at an age now where retirement planning is coming into focus - I'm roughly half way through my working life and I feel the need to make sure I'm covered for...
  8. T

    New Ireland pension charges

    From the New Ireland website - "For performance quoted greater than a year, figures are annualised."
  9. T

    New Ireland pension charges

    Thanks Steven. Looking at that fund on the new Ireland website, it's only been in existence for 3 months (as have Prime 3,4 &5) - is that not too short a time to gauge the risk/reward profile of the fund...? Looking at my investments they are at the following returns for the past 12 months...
  10. T

    New Ireland pension charges

    Thanks for all your replies and for taking the time out to respond. I've had a look at my investment split and it is as follows; Current Fund Selection Contributions (%) Elements Fund 33% BNYM Global Real Return Fund 34% Protected Assets Fund 33% Total: 100.00 I'm 20-23 years away from...
  11. T

    Pros & Cons of living parent transferring family home to children

    My elderly widowed mother is considering transferring the family home equally to all adult children and she would live in it until she dies. The house in question would be worth in the region of €200k-€250k. I suspect she has the the Fair Deal nursing home loan scheme rules in mind, but I could...
  12. T

    New Ireland pension charges

    The allocation rate is correct. I copied all the charges directly from correspondence I received from them. Fund performance has been poor though over the last few years. That's what I need to get a handle on.
  13. T

    New Ireland pension charges

    Looking to have a review of the company pension scheme(5 employees) later this month. Apart from the poor investment returns the scheme has been providing, here is a summary of the current fee structure from New Ireland that we are receiving. Can anyone comment on how competitive this is; ·...
  14. T

    Help needed - suggestions in England - Cotswolds or Cheshire

    Thanks for the suggestions guys. We'll be taking the car and I'm looking to rent a house for a week mid August. Ideally want a chocolate box town with stuff nearby to entertain the kids.
  15. T

    Help needed - suggestions in England - Cotswolds or Cheshire

    Can anyone recommend somewhere in the Cotswolds or Cheshire to stay for a break in August. Looking for somewhere typically English - town or village with plenty to do for kids, ideally with cycle paths/old country houses for outdoor activities. Hard to book anywhere when you don't know lay of...
  16. T

    Real Example re Bank Holiday Pay entitlement

    Have a query on the payroll that I need clarifying. An employee works Mondays and Tuesdays and earns €25,000 per annum for this. If they only work the Tuesday do they receive their normal weeks pay? ie €480 And if they work the Tuesday & Wednesday of a bank holiday week to fulfill the normal...
  17. T

    Had a Heart Bypass using VHI Plan B Options-but should I switch-

    Thanks snowyb for taking the time to do such a detailed reply. Renewal is in July.
  18. T

    Had a Heart Bypass using VHI Plan B Options-but should I switch-

    I had a heart bypass and had all bills 100% covered in Mater Private with Plan B options cover (paying for 2 adults 3 children). However, costs being costs, I need to review my healthcare cover. I'm more concerned with big ticket cover rather than day to day GP expenses. What other options...
  19. T

    Job Seekers Benefit and subsequent self employed work

    thanks for the quick reply. If for arguements sake they secured 3 days work that lasted for 6 months, will their JSB entitlement be extended for beyond the 12 months to take account of the unclaimed JSB that they didn't claim while working those days, or does the JSB entitlement run out then...
  20. T

    Job Seekers Benefit and subsequent self employed work

    Been asked this and wasn't sure of the answer. What is the position if someone in receipt of JSB starts to look for work and can only find small pieces of work that would be on a self employed basis. Do they just sign off for the periods they are unavailable for work or are they just not...
Back
Top