The market has begun to interpret the reducing inflation levels to mean central banks can begin to cut interest rates. In the US, there is an expectation that interest rates will peak at around 4.9%. In the eurozone, the equivalent number is about 3.5%. The opening days of February saw the US Fed increase interest […]
The Finance Act of 2022 introduced a number of taxation changes to pension contributions, as detailed below: Employer contributions to a PRSA on behalf of an employee are no longer considered a benefit in kind for the employee. There is no limit to the level of contributions that an employer can make to a PRSA […]
The annual Deloitte Football Money League report was published yesterday. Total revenue for the top 20 highest revenue generating soccer clubs in 2021/22 stood at €9.2bn, +13% y/y and only marginally below pre-pandemic levels. Manchester City retained its position at the top of the Money League and for the second time the club generated the […]
Key Points from the Budget 2023 Speech: The standard rate income tax band for a single person for 2023 will be increased by €3,200 to €40,000, with corresponding increases for married couples, and the main tax credits by €75. A new €500 tax credit is being introduced from 2022 for those paying rent for their […]
In these difficult times of soaring inflation, interest rate hikes and volatility on financial markets effecting pension and investment funds, it’s all too easy to get caught up in headlines and to forget about businesses. Some of the stats surrounding everyday companies, when you actually sit back and think about them, are nothing short of […]
From July, 2022, the ECB will increase interest rates by 0.25%, in order to try and combat current hyper inflation. However, this initial increase will have little or no impact on rising prices. It will certainly take further rate hikes over 2022 & into 2023 to slow down the rate of inflation. What should I […]
Prior to Covid, semiconductors were a relatively unknown industry in the context of everyday conversation. Covid-induced shortages and the knock-on impact that a lack of semiconductors have had in the supply of pretty much everything has shone a bright light on this once under-the-radar industry. Some of the statistics surrounding the semiconductor industry are absolutely […]
Financial Markets have been very volatile due to high energy prices, war in Ukraine, soaring inflation, cost of production and the threat of higher interest rates. So, how does this effect your pension and your retirement plans? It very much depends upon when you wish to retire. If you plan to retire in 2022 or […]
Did you have a company pension plan with your past employer? If so, you can transfer it into your own name. With our advice you can start planning for your future retirement. Remember, when you stop working without a pension plan, you will receive a considerable drop in income as the State Pension is less […]