Pensions and retirement planning

Wealth planning

Retirement is about the freedom to do more of what you love. We make it straightforward to see what’s possible – guiding you through every choice to build a plan that brings your ambitions to life.

Plan for the life you’ve earned


Our wealth managers will walk you through your options and build a retirement plan that puts you in control.

Common questions about pensions and retirement planning

You could need your pension pot to last for several decades. It’s really important not to underestimate your life expectancy.

The amount of money you’ll get from the state pension depends on your record of Pay Related Social Insurance (PRSI) contributions over your working life.

If you hope to retire in five years, it’s important to speak to one of our advisers. They can advise on whether your plans are achievable. Our wealth managers use cashflow modelling  to illustrate how long your money is likely to last in retirement. This is based on your current finances, how much you’re saving and investing, your spending patterns, and your goals. This will help you understand whether you need to make any changes to your plans or saving and investing habits.

We can also check whether your pension is invested in the right way. We ensure you’re not taking on too much or too little investment risk.

An annuity provides you with a regular, guaranteed income in retirement. You can buy an annuity with some or all of your pension. How much income you receive will depend on factors such as the size of your pension, your age, existing annuity rates, where you live, and your health and lifestyle.

Whether an annuity is right for you will depend on your individual circumstances. We can help you decide on the best way of drawing income from your pension pot.

Under current Irish Revenue rules, you can take a portion of your pension savings as a tax-free lump sum at retirement. There is a lifetime limit of €200,000 on the total tax-free amount across all pension arrangements. Lump sums between €200,001 and €500,000 are taxed at 20%, and any amount above €500,000 is taxed at your marginal rate of income tax. The proportion of your fund available as a lump sum will depend on the type of pension arrangement you hold.

The value of your investment may go down as well as up. You may get back less than you invest. Past performance is not a reliable guide to future performance. If you invest in this product you may lose some or all of the money you invest. This product / service may be affected by changes in currency exchange rates. The income you get from this investment may go down as well as up.

This does not constitute tax or legal advice. Tax treatment depends on the individual circumstances of each client and may be subject to change in the future

What happens to your pension when you die depends on the type of pension, whether you’ve started drawing an income from it, and the rules of your scheme.

We strongly recommend discussing your pension nomination and estate planning arrangements with one of our wealth managers to ensure your wishes are carried out as tax-efficiently as possible.

This does not constitute tax or legal advice. Tax treatment depends on the individual circumstances of each client and may be subject to change in the future.

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