There is a wide variety of pension options available, and the choice will depend on your circumstances.
(The Pensions Board calculator can help you estimate the contributions you should be making)
Self-Employed
You can either opt for:
| Personal Pension |
PRSA |
| - Lots of investment options |
- Good value and flexible |
| - Self-directed (you select your own assets) |
|
Employee
The best solution depends upon whether your employer has a pension scheme or not:
If there is no company pension plan in place,
your options are: |
If there is a company pension plan in place,
your options are: |
| - Personal Pension |
- AVCs |
| - PRSA |
- PRSA |
Company Owner / Director
You can choose between:
| Executive Pension |
Self-Administered Pension |
| - Lots of options |
- Significant investment options |
| - Hands-off investment |
- Hands-on investment |
| - Planning opportunities |
- Planning opportunities |
Retiring Shortly
| Annuity / Pension |
ARF (Approved Retirement Fund) |
| - Guaranteed income for life |
- Control over capital |
| - Benefit dies with you / your spouse |
- Capital can be accessed when you need it |
| |
- Capital passes on your death to you beneficiaries |
| |
|
Our wealth management team would be happy to assist you in selecting the best option for your situation. Please contact us for more information.
