Search results

This is my last post on this thread but I think saying a point is important when it is untrue means it can be disregarded. Gerard www.proactivefinance.ie

You should retract your claim that I have said that 'on more than one occasion' when in fact I have not said it once. All I said is where I would like my money to be in a volatile market. It's your entitlement to disagree with this but not to fabricate statements. You made the claim, the onus...

Well if I could predict the future with certainty I wouldn't be posting in here! Also would you mind backing up your claims about what I said and about commission or else retract them please. Gerard www.proactivefinance.ie

Hi Steven, I did not suggest MAPS based on their historical return. I'm a firm believer in not using historical returns as a main basis for an investment recommendation as it can be very misleading. I'm aware that plenty of advisors do though. Just wanted to clear that up. Gerard...

Cremeegg...the commission for passive investments is the exact same as active. Please advise where you see otherwise as this is news to me. Also provide evidence of where else I have suggested active outperforms passive. I'm an independent advisor who is entitled to give an opinion. I believe...

So you don't believe that an actively managed fund would be a better option in a non-bull market? Gerard www.proactivefinance.ie

Hi Elacsaplau, I agree, in recent years passive funds have quite often outperformed managed funds. But you must take into account that since 2009, the growth in equity markets generally has been unprecedented and therefore investing in a passive fund was almost guaranteed to deliver strong...

Solid advice, if you're not trying to avoid paying tax and you want to target a decent return then life company regular savers are the way to go. Jabberwocky, regarding your pension fund choice, given current (and probable future) market volatility, it may be worth paying a slightly higher...

Hi Germaine, do you mind me asking why you ask this? Gerard www.proactivefinance.ie

Hi Ray, these are not what I would consider capital guaranteed products. There may be certain guarantees etc. in place such as supplier guarantees but in terms of risk these investments would generally fall in the medium range. The returns can be very strong and the products I'm aware of have...

This is not necessarily the case as (under current legislation) you will be entitled to at least 25% of the fund tax free. Also, currently if one spouse is aged 65 or more a married couple pays no income tax if total income is below €36,000. Gerard www.proactivefinance.ie

How long have you been invested in the GARS fund? As a low risk fund option it has more or less delivered its target return. It has averaged 3.7% pa on average over the past 5 years. Performance recently though has been quite poor. If you are looking to beat that sort of return you are probably...

Hi Gerry, do you get any regular correspondence from the company? The reason I ask is that the share cert you have may actually be out of date becasue as far I know they have moved all shareholders to their online system. If so, you should have been provided with an SRN number and you could ring...

Hi Freddie, still seems excessive but at least it's transparent! I know that certain large companies out there would not charge anything like that to replace an actual share cert. Would be more like a €50 flat fee. Gerard www.proactivefinance.ie

Hi Freddie, did they give you the actual percentage they charge? The admin fee does seem a bit excessive when you put the two together. Gerard www.proactivefinance.ie

Hi Freddie, ring Aer Lingus share services directly and you should be able to have the cert(s) replaced for a small fee. Gerard www.proactivefinance.ie

Here you go http://www.aviva.ie/life&pensions/savings&investments/saving-monthly/ Regards, Gerard www.proactivefinance.ie

Hi Hayman, You can either take lump sum as up to 1.5 times your salary and purchase an annuity with the balance or else take 25% lump sum and use the balance to purchase an annuity or invest in an ARF and/or AMRF or you may able to take it as taxable cash depending on your circumstances. They...

Hi Hayman, you could just leave them there and look to mature them at 50 depending on how they are performing. Do you keep track of them at all? If they were making good returns I'd be inclined to leave them be but if you want to take control of them you could look to transfer the pension scheme...

Hi Hayman, first things first. Are these schemes all with companies you have left ie. retained benefits? Gerard www.proactivefinance.ie