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I'm sure the Pensions Council had their minds up long before an independent report was commissioned. Why go to the expense of commissioning a report if you're only going to reject it? On average, members likely consider themselves infallible and never envisaged the possibility that an...

There's been a lot of people alluding to state pensions being done away with or means tested for many years across most countries that provide it. The question posed by Cervelo above is an interesting one: "Will "Auto Enrollment" have any future negative effects on the value of the state...

I work in Northern Ireland. My work scheme has a particular charge, well below Irish charges as you would expect, but is also capped at £250,000. Above £250,000, I pay additional funds charges but not scheme management fees - the theory being that it costs them no more to run a £500,000 fund...

This is one of those posts where much advice has been given but will never be taken onboard. When it comes to Ireland, the wisdom of the crowd at Askaboutmoney vastly exceeds that of any commentator with a vested interest from advertising or a desire to get YouTube hits. Where someone...

I can not because my tax returns have only involved cryptocurrency gains and income, employment and rental income, dividends, options trading income and capital gains tax. I would't touch anything requiring deemed disposal treatment with a bargepole. I'll stick to my options wheel strategy...

I think it's pretty clear based on the actual figures quoted above that buying is the sensible choice over renting. However, if I wanted to put the blinkers on and think that Robert Kiyosaki is God almighty when it comes to making financial decisions in Ireland, I'd look at his base advice that...

A completely invalid point as already raised by plenty a lot smarter than I on this thread. Surely it's irrelevant where the money comes from to purchase a house. Let's leave aside the other benefits of home-ownership, such as the removal of potential evictions for now. Purely from a financial...

By the way, £155 is not a silly number. Interactive Investor are a very profitable business, making a lot of money, whilst charging this. It seems a silly number to us Irish because we're used to seeing AMC's in the thousands. We're a smaller economy so our fee should be higher - but not by...

To me, the €1.5 million number is irrelevant. The higher the number, the less risk there is of it running out. If I had a fund that there was no risk of running out, I'd want to give it the best possible chance to grow into a bigger inheritance for dependents. With that goal, the best...

This brings me back to my original point. Many want the cheapest way possible to access a global equity or bond tracker. If Irish regulations force us to pay €5,000 for what someone in the UK gets for £155, and the government want to shift some of the burden of retirement income from state...

That's likely one of the things that needs to change in Ireland as opposed to an argument as to why fees here should be higher.

Reading quotes like "You'd probably need a fund of €1m+ to buy an execution only ARF @ less than 0.5% AMC" is heartbreaking. Whilst true, it's mad that such an AMC would be €5,000 when, in the UK, SIPPS are available with annual fees that are fixed at £155.88. In my opinion, there's big...

It will be difficult to find an average. The average paid by members of this forum, I would hazard a guess, will be a lot lower than the overall average. You'd nearly need to go to the streets and ask 100 pensioners to get a true average. I imagine the real average isn't something Aviva et Al...

The problem I see in threads like this is people, like myself, want to be informed of the lowest fees on the market - not necessarily because we will go for that product, but we want to be armed with information on what is available. It's very difficult to get a straight answer and you end up...

I've attached screenshots of the cheapest I've found after much searching. The fund AMC would be on top and I've attached a screenshot of the very limited selection of funds available at these rates. This product has been around some time but I believe these lower rates only came into effect...

I read about these AE proposals with interest. I think the past 12 months have thrown the traditional idea of de-risking by switching towards bonds as you age into disarray. Any arguments decision makers have that it shouldn't be done because nowhere else has done it before should be completely...

I believe it may have only become available after the latest post on this thread - but Royal London Ireland now offer an ARF with 100% allocation at an AMC of 0.35% if the value is over €100k and you invest in a range of nine passive BlackRock Funds (four equity, one property, three bonds and...

Using the rule of 72 to give a rough estimate, a €400,000 pot would double in 15 years if you got an average return of 4.8%. If/When inflation normalizes, you'd probably be looking at a return a little above 7% to achieve that in inflation-adjusted terms. This inflation-adjusted €800,000 would...

Directing comments towards those who have "anxiety about retirement or even the idea of early retirement" and then talking about your own retirement on "money that other posters think wouldn't be enough" isn't likely to help those who are anxious when you later reveal that this figure is...

I've been playing around on Excel tonight and the only conclusion I've drawn is that early retirement is extremely difficult unless: Your target retirement income is such that the state pension isn't a significant portion of your post-state pension age income. In such cases, your private...