Personal Pensions & PRSA’s

Any self-employed or a PAYE employed person can contribute to a personal pension plan.

PRSA’s are part of the government’s move towards a more flexible pensions environment.

For any company directors or employees, a company pension is one of the most tax efficient ways of transferring profits from the company.

A Self-Directed pension plan gives you the power to decide how your pension is invested. You can invest what you want, when you want.

A retirement bond is a unit linked pension plan which allows you to invest single contributions. It is normally taken out by anyone who is leaving a company pension, usually due to them leaving their current employer.

Sometimes it is called a Buy Out Bond or a Transfer Bond.

Both Brexit and the growth in the Irish Economy relative to the U.K. are encouraging Irish (and other) workers to come to Ireland. Consequently, Irish pension providers are seeing an increased demand for their products from these former UK residents.  Kiely Gaule Financial Services are ideally placed to provide you with the advice you need.

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