Managing The Investment Of Your Pension
Your eventual pension will be accrued from three sources;
- Your contributions (and possibly your employers contributions)
- Tax relief
- Investment growth
If you don’t maximise growth (within acceptable risk parameters), then for a given level of pension in retirement you have to contribute more.
The first step to managing risk is to determine how much risk you need to take to achieve your income objective in retirement. As Specialist Investment Advisers we can help with this.
Many members of company pensions are invested in lifestyle funds. While these can be suitable, like any automated process, sometimes they can be desperately unsuitable. You may be interested in reading further on this subject here.
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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.
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Best Pension Advice is a trading name of Highfield Financial Planning, the most client focused financial services company in Ireland. We provide superior advice on Retirement Planning for all types of pension available in the Irish market. As Specialist Investment Advisers we can also help you to manage the investment of your pension to achieve your income objectives in retirement.