Comments for Allfinancials http://www.allfinancials.ie provide advice on the leading financial products currently on offer in the marketplace Wed, 18 May 2011 10:01:26 +0000 hourly 1 http://wordpress.org/?v=3.0.1 Comment on The Disastrous New Pension Levy: Pushing out the Retirement Age Further…… by Fran Cooke http://www.allfinancials.ie/the-disastrous-new-pension-levy-pushing-out-the-retirement-age-further%e2%80%a6%e2%80%a6/#comment-32 Fran Cooke Wed, 18 May 2011 10:01:26 +0000 http://www.allfinancials.ie/?p=460#comment-32 Hi Mary, it depends on the type of pension you have. If you are solely reliant on the social welfare pension this is not effected. If your pension is an annuity from a defined contribution scheme you are also fine. However, if you were in a defined benefit scheme you could be effected, as it will be up to the Trustees of the scheme how to apply the levy. My advice is that if your pension comes from a defined benefit scheme you should contact the Trustees of the scheme and ask how they are intending to apply the levy? Kind regards, Fran Hi Mary, it depends on the type of pension you have. If you are solely reliant on the social welfare pension this is not effected. If your pension is an annuity from a defined contribution scheme you are also fine.

However, if you were in a defined benefit scheme you could be effected, as it will be up to the Trustees of the scheme how to apply the levy.

My advice is that if your pension comes from a defined benefit scheme you should contact the Trustees of the scheme and ask how they are intending to apply the levy?

Kind regards,
Fran

]]> Comment on The Disastrous New Pension Levy: Pushing out the Retirement Age Further…… by Mary Tierney http://www.allfinancials.ie/the-disastrous-new-pension-levy-pushing-out-the-retirement-age-further%e2%80%a6%e2%80%a6/#comment-31 Mary Tierney Tue, 17 May 2011 21:59:06 +0000 http://www.allfinancials.ie/?p=460#comment-31 Good evening. I was wondering if this levy will affect people who are already on a pension. If I receive a pension of just 238.00 a month will I be liable for this proposed 0.6% levy and if so will my monthly pension as small and all as it is be reduced. Kind Regards Mary Good evening. I was wondering if this levy will affect people who are already on a pension. If I receive a pension of just 238.00 a month will I be liable for this proposed 0.6% levy and if so will my monthly pension as small and all as it is be reduced.

Kind Regards

Mary

]]> Comment on First Time Buyers by First Time Buyer Mortgages – 7 things every First Time Buyer should know | Allfinancials http://www.allfinancials.ie/mortgages/first-time-buyers/#comment-19 First Time Buyer Mortgages – 7 things every First Time Buyer should know | Allfinancials Thu, 09 Dec 2010 16:21:34 +0000 http://allfinancials.ie/?page_id=89#comment-19 [...] mortgage market for first time buyers remains the strongest for all the financial institutions. That said each bank will have different [...] [...] mortgage market for first time buyers remains the strongest for all the financial institutions. That said each bank will have different [...]

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