Search results

If you are in a work pension, and your employer contributes, then how can you leave to get a lower AMC?

Okay, thanks. I sort of knew that I should not really compare these bonds with deposit liabilities, okay. Yes, these are subordinated bonds. I still think 7.125% is a high yield for a bank with a strong position in a strong economy. Ryanair borrowed in 2021 at 0.875%...

https://www.independent.ie/business/irish/aib-group-raises-625m-in-new-capital/a1215670008.html The bond, which is known as an Additional Tier 1 perpetual bond, carries an effective interest rate of 7.125pc. This strikes me as a high yield? Can anybody who knows more about this explain it to...

For comparison, we have four bedroom detached house, four people, we use 5,000 to 5,500 units per annum.

Surely people will want to join the AE scheme to receive the er cont and the State contribution? Why look a gift horse in the mouth? You are free to have your own PRSA also.

Is the 150k cash declared in the DA and JSA means-tests?

Cornmarket do have a menu of pension funds

You start the AVC-PRSA. Once set-up, the broker/pension firm will send you some sort of document. You submit that to Revenue. They adjust your tax credits. No need to contact Payroll

Sky are a re-seller or Eircom broadband. The Sky broadband will use the Eircom cables.

Before considering AVCs, you need to establish whether it is possible to retire and claim the work pension at age 55 in the SPSPS.

IMHO, this is a crazy high fee/charge. Is it standard? I don't know, but it is fairly common, I suspect. By shopping around you can get 100% allocation rate. What type of pension is it? PRSA? RAC? AVC?

Are you sure? Practically all newly built one-off houses over the last 20 years are at least 150 sqm, more like 200 sqm. Okay, in estates, there are plenty of 3-bed semis which are sub 150 sqm, yes. But 95% seems too high.

Don't forget the ASC as well as the normal 6.5% contribution. Yes, the notional employer contribution is large.

Either read the paper share certs that you hold. Or look in your online brokerage account.

Given that tracker mortgages stopped being sold over a decade ago, more like 15 years ago, how is it possible to have 25 years left on a tracker in 2024?

Market income is earned, in return for supplying labour or land/property, or enterprise. This payment is not market income. It is also not a cash welfare payment, which are sometimes liable to income tax. You are the first person I have heard of the million plus people who are receiving...

There is a Social Insurance Fund (SIF), into which all SI conts are paid. The fund pays out all SI benefits. However, yes, it is not a fund in the same way as a typical pension fund.

Should PS pensions be funded? What does economic theory say?

Okay, so you are in the SPSPS. Make sure you are familiar with how the SPSPS works.

It worries me somewhat that some civil servants, who are by definition in charge of public administration, think that there exists a public service pension fund. If it did exist, there would be commentary and debate about its size, asset allocation and annual performance. There is no such...