Fairstone Ireland

When it comes to your pension, whether inheritance tax applies will ultimately depend on the type of pension scheme you are enroled in. The specific rules governing your scheme dictate how and to whom your pension funds can be allocated if you pass away before retirement. At Fairstone, we offer expert estate planning advice to help you navigate these complexities and ensure your financial legacy is managed efficiently. #InheritanceTax #CAT #PensionPlanning #EstatePlanning #FinancialAdvice #RetirementPlanning #TaxPlanning #WealthManagement #PensionScheme #FairstoneIreland 

🔔 Reminder: Pension Tax Deadline 2024 is approaching 🔔  Please be advised that the deadline for making pension contributions and claiming tax relief for 2024 is fast approaching. If you submit and file your tax returns through the Revenue Online Service (ROS), you have until Thursday, 14th November 2024, to make a pension contribution and choose to backdate the income tax relief to the 2023 tax year. Otherwise, if you are not eligible for the ROS extension, you must complete this by 31st October 2024.  To ensure you are fully utilising available tax relief options we encourage you to review your pension contributions.    For further information, please consult your financial advisor.   #PensionTaxDeadline #FinancialPlanning #TaxRelief #FairstoneIreland 

As a small business owner, it can be challenging to plan for retirement while running your business. However, it is crucial to have a retirement strategy to ensure financial security in your retirement. Here are some retirement strategies for small business owners.  #SmallBusinessOwner #RetirementPlanning #BusinessOwnerRetirement #MaximiseContributions #InvestmentStrategy #RetirementStrategies  #SelfEmployedRetirement #EntrepreneurRetirement #WealthManagement  #FairstoneIreland 

Delighted to share that our CEO, Paul Merriman CFP®, represented Fairstone Ireland as a panel member at a key industry event focused on ETFs and unlocking potential for Europe and Ireland! It was inspiring to hear from key industry leaders, including Deputy Governor of the Central Bank of Ireland, Derville Rowland, and Minister of State, Neale Richmond TD. Their insights on innovation and strategic growth are invaluable as Ireland strengthens its leadership in the asset and fund management sectors. 💼🌍 Ireland’s role as a global hub for asset management is accelerating, and participating in events like these is essential for shaping the future of finance. We’re excited to support these advancements and look forward to the opportunities this dialogue will open. Also a big thank you to Arthur Cox LLP and Vanguard for hosting the event! #ETFs #AssetManagement #FundManagement #FairstoneIreland

The introduction of My Future Fund—Ireland’s auto enrolment pension scheme—has been postponed until September 2025. This scheme is designed to automatically enrol employees who are not currently part of any pension plan, aiming to improve retirement savings and provide greater financial security for the workforce. Click here to learn more about My Future Fund, including key implications for employees and employers. https://lnkd.in/dg4QVNQP   At Fairstone, we offer expert pension advice to ensure businesses and individuals are fully prepared for these upcoming changes and can make informed financial decisions for the future.  #PensionAdvice #MyFutureFund #AutoEnrolment #FinancialPlanning #FairstoneIreland #EmployeeBenefits #RetirementPlanning #WealthManagement 

Are you maximising your tax relief on Private PRSAs? Understanding how to claim tax relief on your pension contributions can significantly impact your financial future. At Fairstone we can help you plan your pension contributions to maximise tax relief. Book a retirement planning consultation with our experts today! https://lnkd.in/e3nZWrDr #TaxRelief #PRSA #PensionPlanning #RetirementSavings #FinancialAdvice #TaxSavings #PrivatePension #Fairstone #RetirementPlanning #TaxBenefits #MaximiseYourSavings #WealthManagement #PensionContributions #PersonalFinance #FairstoneIreland

Additional Voluntary Contributions (AVCs) offer a straightforward and tax-efficient solution for anyone looking to enhance their retirement savings. By making extra contributions through a group pension scheme, members can increase their retirement benefits. These contributions may also qualify for full tax relief, subject to Revenue limits. At Fairstone, we provide expert retirement planning advice, helping you make informed decisions to optimise your pension and secure your financial future.   #AVCs #PensionPlanning #RetirementSavings #TaxEfficient #RetirementPlanning #FinancialPlanning #PensionContributions #TaxRelief #FairstoneIreland 

With no limits on employer PRSA contributions, business owners and company directors can reduce tax liability by strategically using PRSA funding to extract wealth from their companies while maintaining greater control over their pension investments. At Fairstone we offer expert retirement planning advice tailored to business owners  personal and company needs and goals. Book a no-obligation pension consultation today! https://lnkd.in/e3nZWrDr  #PRSA #BusinessOwners #CompanyDirectors #PensionPlanning #WealthManagement #RetirementPlanning #FinancialPlanning #PensionSavings #FairstoneIreland 

Finance Bill 2024 introduces key updates that could affect your business and personal finances. PRSAs, Benefits in Kind (BIK), Standard Fund Thresholds (SFT), and Auto Enrolment all play important roles in shaping employees and employers' financial futures. You can find more details on these changes in our latest blog. Read more here: https://lnkd.in/eqzT7Fft #FinanceBill2024 #TaxChanges #PRSAs #FairstoneIreland

The introduction of Auto Enrolment (AE) has been postponed from the 1 January 2025 to the end of September 2025. This gives businesses extra time to prepare and ensure they’re ready for the new requirements. It has also been announced that the scheme will be called My Future Fund. Now is the perfect time to assess your business needs and explore the best options available.  At Fairstone, our pension experts are here to help you navigate AE and ensure your business is fully prepared. Book a no-obligation pension consultation today! https://lnkd.in/e3nZWrDr   #PensionPlanning #AutoEnrolment #FinancialPlanning #FairstoneIreland