Maturing Your Pension
Are you preparing to access or mature your pension? Now is the perfect time to get clear, expert advice. At Highfield Financial Planning, we specialise in retirement planning and work with all types of pensions, including Defined Contribution and Defined Benefit schemes.
Over 85% of our work involves pensions and retirement advice, so whether you’re approaching retirement or considering your options, we can guide you through the process with confidence. Many people want to know if their pension will provide enough income for their retirement. We can show you how long your pension is forecast to last and identify steps you can take now to improve your situation.
I sought out Eoghan’s advice on how to best structure my pensions upon retirement. He provided excellent professional financial advice taking into account what was best for me personally. Pensions are a very complex area and he made the whole process very smooth. I would highly recommend Eoghan to anyone seeking independent financial advice. Google Review by Fionnuala Burke – check out this and our other Google reviews.
Check us out in the media by clicking on this image
Making the most of your pension
We’ll help you understand your options around taking a retirement lump sum and what to do with the balance of your pension fund. There are two methods which can be used to calculate your pension lump sum and the method used can affect what options are available to you for the balance of your fund. In recent years most retirees have chosen the Approved Retirement Fund (ARF) but you should also give consideration to annuities. We’ll explain how each works, the pros and cons, and recommend a strategy tailored to your goals. If you choose an Approved Retirement Fund, we can build an investment and withdrawal plan designed to reduce risk and help you to sustain your pension for as long as possible.
An important thing to remember when making your decision is that the decision to purchase an annuity is irreversible. If you invest in an Approved Retirement Fund however, you can always use some or all of your Approved Retirement to purchase an annuity in the future.
Our advice doesn’t stop once your pension is set up. We continue to support and manage your retirement investments so your money works harder for longer. Managing an Approved Retirement Fund requires a different approach than managing a pension during your working years. To dive deeper into this, see this article.
How We Do Financial Advice
Contact us today on 01 546 1100 or book a no-obligation Zoom call with us here.
CONTACT US FOR A FREE NO-OBLIGATION CHAT
By Telephone 01 546 1100
Use the Form on this Page
Email to [email protected]
Book a Zoom call with us here.
Happy to start the process? Click here to complete a factfind and tell us your objectives
The material and information contained on this website is for general information purposes only. Neither the writer nor Highfield Financial Planning Ltd makes any warranty as to the completeness, accuracy or reliability of the information or the suitability or availability of products or services, referred to on the website, for any purpose. You should not rely on any information contained on this website as a basis for making any financial, legal, taxation or other decision. The information presented does not include all the considerations which are relevant to the topic discussed as to do so would render it un-readable. When considering any financial issue you should seek the advice of a suitably qualified adviser.
BOOK A FREE NO-OBLIGATION CHAT
By Telephone 01 546 1100
Use the Form on this Page
Email to [email protected]
Book a Zoom call with us here.
Happy to start the process? Click here to complete a factfind and tell us your objectives
The material and information contained on this website is for general information purposes only. Neither the writer nor Highfield Financial Planning Ltd makes any warranty as to the completeness, accuracy or reliability of the information or the suitability or availability of products or services, referred to on the website, for any purpose. You should not rely on any information contained on this website as a basis for making any financial, legal, taxation or other decision. The information presented does not include all the considerations which are relevant to the topic discussed as to do so would render it un-readable. When considering any financial issue you should seek the advice of a suitably qualified adviser.
Highfield Financial Planning in the Media
The Sunday Times
In the sport of target pistol shooting there is a saying, “slow is smooth, smooth is fast”, which refers to the way to approach drawing and firing a pistol quickly and accurately. The learner shooter who focuses on practising the correct technique slowly, only building in speed later, will win the day nine times out of ten.
The Sunday Independent
A pension is a term that can seem distant to many, especially if you’re at the beginning of your career. But it is a vital part of long-term financial planning, designed to provide you with a source of income in your retirement years. As the pension landscape continues to evolve, understanding the fundamentals and staying informed about the changes is crucial. So, what do you need to know?
The Sunday Times
I have been sitting on about €140,000 in my current account for the past year. It’s what was left over when I sold a property. I keep reading about inflation and how banks are paying no interest and might start paying negative interest, and so on.
The Sunday Times
Would-be investors have a difficult decision to make when considering their options. If they are going to increase their wealth, they will need, at a minimum, to beat inflation and whatever they are paying in charges.
Business Post
If you’re at the beginning of your working life or are simply new to pensions, we look at what you need to know
The Sunday Times
The phrase “Morton’s fork” can be traced back to the time of King Henry VII in the 15th century, when John Morton, then the Archbishop of Canterbury and lord chancellor, rationalised that a tax levied by the king was just.
Sunday Independent
Q I HAVE €150,000 which I want to invest for between 10 and 15 years — with a view to using it to fund my retirement in the future. I’m 50 years old. I am interested in property investment and had considered using the lump sum to buy a property outright.
The Sunday Times
If I asked 10 people on the street how long they thought pensions had existed, what do you think they would say? Since the 1960s, the formation of the state, or Victorian times?
Business Post
No matter how far away you are from retirement, it is always a good time to start a pension or to build up your contributions. And the tax benefits are considerable, writes Siobhán Maguire
Sunday Business Post
The area of pension guidance can be a minefield, but it’s one which Highfield Financial Planning is happy to negotiate for its clients
Sunday Business Post
Eoghan Gavigan, a specialist investment adviser and certified financial planner at Highfield Financial Planning, has advice for those looking to start a pension, writes Siobhán Maguire
About Highfield Financial Planning
We provide superior advice on Financial Planning services to business owners, professionals and their families. The principal of the firm Eoghan Gavigan has over 27 years’ experience in banking and finance across Treasury, Lending and Wealth Management and is a Qualified Financial Adviser (QFA) and a Certified Financial Planner (CFP). The CFP qualification is the world’s most respected industry designation, held by only a select number of advisers. As Specialist Investment Advisers we can provide you with detailed investment advice on your pensions and investments.
We want you to be comfortable in your dealings with us. We provide a number of suggestions here for ways that you may be able to obtain comfort that we are the right Financial Planner for you.
Want to hear more?
Make contact today and we’ll tell you more about the kind of work we do.
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