Search results

https://www.zurich.ie/funds/fund-products/cash-and-bonds/bond-funds/active-fixed-income/ They also have a few other bond funds, passive / corporate only etc.

Please contact your Hr department and they will get the information from the pension administrator. There will be a number of options And There is a lot of wrong information above. All tax free cash amounts are capped at €200k, but the Next €300k arising from any of the formulae is taxed at...

I would suggest you also make a formal data subject access request under GDPR by email. Specify you also any information relating to your pension , deductions from salary and contract. they have a month to respond and it should have all the mails/emails/ memos etc with your name on it relating...

Nothing wrong with your logic. The issue is it tends to be a higher AMC with a higher allocation rate. So 101% allocation would have a 0.85% AMC ( or probably a 1.00% AMC)

Huge delays at the moment, there are thousands of one man exec plans awaiting approval.

its the tracking of the value of the fund that is where the complication sets in. not something the Revenue systems do.

I genuinely can’t see how this will be up and running by 2024. From what I can see the government intend to do the admin themselves and premium collection and allocation themselves, this a mammoth task to set up from scratch never mind the resources required.

When people have a large redundancy/severance payout and the SCSB calculation without waiving the NPV of the Tax Free Cash is greater than 200k , and then their pension pot is greater than 800k on retirement ( or service / salary calculation is greater than 200k)

Any suggestions for alternative products ?

Talk to a financial advisor, it’s important that someone looks at the full picture.

its Mandatory for schemes to issue statements annually to active members / current employees. It will be mandatory from 1 January 2023 for deferred members, as above you can request a statement and it has to be issued within 2 months.

Strictly speaking the post 2014 revalutation will have the higher factors applying, even on pre 2014 service.

And what is the fee on the pension where it currently is?

And just shows why people should focus more on investment performance than charges, Zürich prisma 5 fund returned over 5% in 2021 compared to Irish life MAP 5, and Zürich performance 2% p.a. More over 20 years than Irish life managed fund.

increased/standard exemption and SCSB are three different calculations. Waiving right to tax free lump sum is something else. they can ask for the SCSB calc with and without the waiving of the tax free lump sum. You don’t waive SCSB relief.

Within two months in The guidance.

Do check if the scheme is permitting early retirement. More trustees are now granting ER as statutory funding levels have increased.

the Company should review their arrangement and get new quotes, a 3% deduction along with a policy fee and a 0.55% AMC is high for that size scheme in the current market. Even with the company paying no fees. They don’t have to stick to Invesco. The life assurance companies would deal with...

We use the good budget app and have done for a couple of years now. We have cleared down most of our debt apart from the mortgage and are now saving regularly. We have been a bit rubbish with money, high salaries but good at spending. Our ten envelopes have really focused the mind.

She should appeal herself, legally she has no right to this pension. The trustees will be making a decision based on their own discretion, the personal approach would work better than through a solicitor.