Follow-
Archives
-
Meta
Tag Archives: Good Financial Housekeeping
Homeowners looking to write off mortgage debt
Homeowners struggling with their mortgage debts may be able to get substantial amounts written off. Of course there will be a price to pay – The banks will insist that customers cut back on “luxuries”. Foreign holidays and Sky Sports may not be too much of a sacrifice, but expect major objections to having to take children out of private schools and to have to do without private health insurance. Charle Weston’s Irish Independent article of 21/03/13 ia a great read. Continue reading
Posted in creditors, Good Financial Housekeeping, mortgage arrears, struggling
Tagged Alan Shatter, assignee, bankrupt, Charlie Weston, children, Good Financial Housekeeping, health insurance, Irish Independent, lifestyle, Lorcan O'Connor, luxuries, personail insolvency arrangement, Personal insolvency, private school, Sky Sports, struggling
Comments Off on Homeowners looking to write off mortgage debt
Protection for unmarried couples
Unmarried couples face serious inheritance tax bills on the death of one of them, 50% of the value of the home, less 15k, charged at a tax rate of 33%. Contact your broker and ask about “life of another” policies. Problem solved. Continue reading
Posted in Good Financial Housekeeping, unmarried couple
Tagged co-habit, cohabit, Good Financial Housekeeping, inheritance tax, The Loan Arranger, unmarried couple
Comments Off on Protection for unmarried couples
It can all change in a moment
Today I spoke with my friend and client John (not his real name) in Wexford. John is 40, married and has 2 young daughters. I have known him 15 years during which time his career has had its ups and … Continue reading
Posted in Good Financial Housekeeping, Uncategorized
Tagged Good Financial Housekeeping, The Loan Arranger
Comments Off on It can all change in a moment
Life Assurance Market Research
We have life assurance company representatives knocking on doors in the evenings to generate sales leads by way of market research. In this competitive industry, a life assurance member of the Professional Insurance Brokers Association (PIBA) can offer more choice. Having 5 life assurance company agencies is a minimum requirement and means that more independent advice can be offered. Continue reading
Posted in Good Financial Housekeeping, Uncategorized
Tagged Good Financial Housekeeping, market research, professional insurance brokers
Comments Off on Life Assurance Market Research
Credit Card Debt
Have a look at your credit card balance over the last year. If it always close to your credit limit, then you effectively have a permanent loan at a double digit interest rate which you can never clear. If your … Continue reading
Posted in credit card, Good Financial Housekeeping
Tagged credit card, credit rating, Good Financial Housekeeping, limit
Comments Off on Credit Card Debt
What about that old pension?
Many of us have left small pension funds in previous jobs and hav never done anything with them. What should we do, what options are available and what information do we need to help with making the decision? Continue reading
Posted in Buy-out bond, Good Financial Housekeeping, Irish pension funds, personal and company pension
Tagged Good Financial Housekeeping, pension, transfer, trustees
Comments Off on What about that old pension?
Struggling to pay your mortgage?
Huge numbers of people are struggling to pay mortgages and other debts in Ireland. The lenders don’t seem to be offering much help, customer stress levels are high and it’s often hard to see any hope at all. We at Good Financial Housekeeping can improve the debt situation, deal with the lenders, put a plan in force and make the problem much more manageable. Continue reading
Posted in creditors, Good Financial Housekeeping, mortgage arrears, struggling
Tagged creditors, Good Financial Housekeeping, loan commitments, mortgage arrears, struggling
Comments Off on Struggling to pay your mortgage?
R.I.P. in Ireland
Ireland may already have 40,000 mortgages in arrears, but when ECB finally rises there will be carnage. Large numbers of residential investment property (R.I.P.) mortgageholders will all be in trouble at the same time resulting in a further property slump in Ireland. This crisis will of course “surprise” us. Continue reading
Posted in Good Financial Housekeeping, Irish mortgage rates, R.I.P.
Tagged Euribor, Good Financial Housekeeping, Irish mortgage rates, mortgage interest rates, national recovery plan, R.I.P.
Comments Off on R.I.P. in Ireland
Pensions & the Government Four-Year Plan
Irish private pensions – Implications of the Irish Government’s National Recovery Plan 2010 – 2014. There will be less relief in the future for contributions, so consider additional contributions now.
Good Financial Housekeeping – Helping to make your income go further. Continue reading
Posted in Good Financial Housekeeping, personal and company pension
Tagged earnings cap, Good Financial Housekeeping, lump sums, private pension, PRSI, Recovery Plan
Comments Off on Pensions & the Government Four-Year Plan
Pension Opportunity in Ireland
The National Recovery Plan, 2011 – 2014, proposes the abolition of pension relief for employee PRSI and Health Levy contributions from 2011. Furthermore top rate income tax relief on pension contributions will fall from 41% in 2010 to 34% in 2012, 27% in 2013 and 20% in 2014. This means there is a great opportunity for people with money sitting on deposit to benefit greatly by making a pension contribution for 2010.
Good Financial Housekeeping – Making cents! Continue reading
Posted in Good Financial Housekeeping, Irish pension funds, personal and company pension, Uncategorized
Tagged Good Financial Housekeeping, national recovery plan, Pension Opportunity
Comments Off on Pension Opportunity in Ireland