Rhymnoceros
Registered User
- Messages
- 15
This is a quandary that most people looking at pensions grapple with....
1. I think the assumed additional 1% expenses for pension investment is too high.
2. I think you have not appropriately allowed for the tax exempt nature of pension fund growth.
On the basis that the return is projected tax free I'm not sure what you mean.
As for changes to the rules....
I agree. However, it was only recently I was told that it was fully documented in FG's pre-election manifesto. We (The Irish people) voted them in, along with their policies, so its just as much our fault as those who made up the policy.
Thanks for the input, I guess the only reason I was hesitant on the pension was the money being tied up, even though that's my investment plan anyway and having a limited number of options (though more than likely apt) for it upon retirement. I also don't like being subject to any rules the government decides to bring in such as the pension levy though the future is hard to predict either way.
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