01.2804626 - 7 Northumberland Avenue, Dun Laoghaire, Dublin, Ireland

Pensions and Planning

Starting a pension is one of the smartest decisions you can make. Don’t wait, act now.
Get In Touch
  • You can benefit from tax relief, do you know how?
  • Will you have an income to support you and your family when you stop working?
  • Have you private assets that may give you an income?
  • Are you working full or part time?
  • Starting a pension is one of the smartest decisions you can make. It could help ensure a brighter, better future to look forward to. When you’re choosing a pension, having all the information you need is key.

Deciding on the best pension option for your situation can be difficult. Talk to us now and get the best independent advice for your situation. Call Stephen on (01) 2804626 or email him using our contact form.

  • You can benefit from tax relief, do you know how?
  • Will you have an income to support you and your family when you stop working?
  • Have you private assets that may give you an income?
  • Are you working full or part time?
  • Starting a pension is one of the smartest decisions you can make. It could help ensure a brighter, better future to look forward to. When you’re choosing a pension, having all the information you need is key.
Considerations when setting up a pension:
  • Governments around Europe are looking for a long term solution to the problems facing State Pensions. Measures taken by the Irish government have addressed the issue by increasing the age at which the State Pension is paid. If you were born in 1961 or later, you won’t qualify for the State Pension until you’re 68. Currently worth €233.30 per week.
  • You’re never too young to start. In fact, the average person in Ireland can expect to live approximately 20 years in retirement*. Great news, especially if you have planned for it.*Central Statistics Office, Sep 2016
  • Earn tax breaks as you save. Probably the most compelling reason to save though a pension. Other forms of savings, like bank accounts or savings plans, do not attract such generous incentives. Every contribution you make to a pension plan receives tax relief based on the rate of income tax you pay (most of us pay income tax at a rate of either 20% or 40%). The table below illustrates what sort of savings you could be making.

Contribution:        Tax:         Net Result:     Tax Saving:

€200.00                20%          €160.00          €40

€200.00                40%          €120.00          €80

At M&R we believe a planned approach should be taken, by working out the level of income you think you will need when you retire and making this your target for the future.

Whatever you circumstances, whether you are employed or self-employed, independent financial advice from us should help determine the right pension planning for you. From establishing the premium level to suit your finances, explaining tax benefits, advising on the enormous choice available, we are more than suitably qualified to discuss all the details with you.

Deciding on the best pension option for your situation can be difficult. Talk to us now and get the best independent advice for your situation. Call Stephen on (01) 2804626 or email him using our contact form.

SUBMIT AN ENQUIRY

13 + 3 =

Pre-Retirement Pension Planning

Post Retirement Pension Planning

Considerations when setting up a pension:
  • Governments around Europe are looking for a long term solution to the problems facing State Pensions. Measures taken by the Irish government have addressed the issue by increasing the age at which the State Pension is paid. If you were born in 1961 or later, you won’t qualify for the State Pension until you’re 68. Currently worth €233.30 per week.
  • You’re never too young to start. In fact, the average person in Ireland can expect to live approximately 20 years in retirement*. Great news, especially if you have planned for it.*Central Statistics Office, Sep 2016
  • Earn tax breaks as you save. Probably the most compelling reason to save though a pension. Other forms of savings, like bank accounts or savings plans, do not attract such generous incentives. Every contribution you make to a pension plan receives tax relief based on the rate of income tax you pay (most of us pay income tax at a rate of either 20% or 40%). The table below illustrates what sort of savings you could be making.

Contribution:        Tax:         Net Result:     Tax Saving:

€200.00                20%          €160.00          €40

€200.00                40%          €120.00          €80

At M&R we believe a planned approach should be taken, by working out the level of income you think you will need when you retire and making this your target for the future.

Whatever you circumstances, whether you are employed or self-employed, independent financial advice from us should help determine the right pension planning for you. From establishing the premium level to suit your finances, explaining tax benefits, advising on the enormous choice available, we are more than suitably qualified to discuss all the details with you.

Many of our clients have been with us since we started in business over 50 years ago! Some examples below;

“Peter Mark have been with Maher & Richardson Life & Pensions Ltd since 1967”

 Paul Keaveney, Director Peter Mark.

See More Testimonials

“Maher & Richardson Life & Pensions Ltd have been looking after all my insurance requirements for over 20 years. With our new company, Cubic Telecom Ltd, M&R Ltd have been at the forefront in obtaining cutting edge globally competitive insurance products, for our technology driven business. M&R Ltd also have bespoke Insurance schemes in place exclusive to our staff. I would have no hesitation in recommending all the team at M&R Ltd”

Barry Napier, CEO, Cubic Telecom Ltd.

See More TEstimonials

“Maher & Richardson Life & Pensions Ltd have been looking after all our Insurance needs for over 40yrs.”

Jack O’Donoghue, Director Swan Plant Hire (Dublin) Ltd.

See More Testimonials

“We have used Maher & Richardson Life & Pensions Ltd for all our Insurances for some time now. M&R Ltd apply themselves diligently each year to obtain competitive renewal terms for us. M&R Ltd operate an efficient, professional insurance brokerage and attend to our needs in a timely and favourable manner. We would have no hesitation in recommending all the team at M&R.”

Brian Gartlan, Chairman & founding Partner of Gartlan Furey Solicitors.

See more Testimonials

“Maher & Richardson Life & Pensions Ltd provide James’s Street Steel with all aspects of insurance cover needed for our ongoing business needs, as well as ensuring our insurance policy is competitive, the level of ongoing customer service is excellent.” –

Sean Kavanagh MD, James Street Steel.

See More Testimonials

SUBMIT AN ENQUIRY

8 + 3 =

Pre-Retirement Pension Planning

Post Retirement Pension Planning