Grateful for any advice on this one.
My wife, who's self-employed, is looking to start a pension. She 40 years old and has been self employed for about five years. she'll be entitled to the normal state pension and a defined Civil Service pension from her old job which, at today's rates, would be in the region of approx €100 per week.
I, on the other hand, will have a defined benefits pension of about 50k.
The reason I mention this is that from reading the guide, I was interested to note that tax relief on a pension contributiion is really a tax deferred and in our circumstances, it looks as though any additional pensiion my wife generated would be hit for tax.
As an alternative, she feels it might be worthwhile to invest in property (or a property mortgage).
Would anybody have any advice or be able to point me in the direction of a good financial adviser who have a good grasp of the most efficent options for our circumstances?
many thanks.
My wife, who's self-employed, is looking to start a pension. She 40 years old and has been self employed for about five years. she'll be entitled to the normal state pension and a defined Civil Service pension from her old job which, at today's rates, would be in the region of approx €100 per week.
I, on the other hand, will have a defined benefits pension of about 50k.
The reason I mention this is that from reading the guide, I was interested to note that tax relief on a pension contributiion is really a tax deferred and in our circumstances, it looks as though any additional pensiion my wife generated would be hit for tax.
As an alternative, she feels it might be worthwhile to invest in property (or a property mortgage).
Would anybody have any advice or be able to point me in the direction of a good financial adviser who have a good grasp of the most efficent options for our circumstances?
many thanks.