Early retirement plans are the dreams of the young Irish workforce according to a new study by pension trustee firm Independent Trustee Company. Retirement pension plans for young people appear to be out of sync with the reality of the amont of money being saved and put aside for the final third of their lives. [...]
Saving money has become the new buzz word although it is one of the oldest messages we learnt from our parents when we were growing up. Nothing has changed, saving is a basic essential ingredient to help you reach Financial Freedom. Saving is not simply defined by putting money in a Bank or Credit Union. You can [...]
According to Emma Kennedy , personal Finance Correspondent with the Business Post: “Pensions have begun to overtake property as the principal asset being wrangled over in divorce cases “. Pension Trustees ( ITC ) said ” that in at least 30% of divorce cases the pension pot is now the principal asset.” Solicitors are witnessing [...]
Half of Irish women do not have a private pension in place, which means that women are facing serious financial poverty when they retire. Currently 53.2% of women are not covered by a private pension, compared to 43.7% of men without private pension cover, according the 2004 CSO pension coverage survey. It is more common [...]
Gay couples have been vindicated in their fight for equal rights this week after the European Court of Justice have ruled in favour of equal pension rights. According to a report in today’s Sunday Business Post by Kieron Wood, the European Court of Justice has said that couples in civil partnerships are entitled to supplementary [...]