Planning Your retirement
The age you become entitled to the State pension has already increased to 67 & moves to 68 years by 2028, the State pension also only provides you with income somewhere around 35% of the average industrial wage.
Therefore we all need to plan for our retirement, we all need to put some money away now to be able to provide ourselves a reasonable standard of living when we stop working.
It’s not all bleak however, there is good news. There are a number of ways to save for your retirement that provide you with very generous tax benefits;
– income tax relief on contribution (the tax man effectively contributes to your pension),
– tax free growth within the pension (no DIRT, Income Tax or Capital Gains Tax), and
– the opportunity for a tax free lump sum of up to €200,000 when you draw your benefits.
At Quest we offer a range of self-invested pension products (pre and post retirement) that allows you create an investment portfolio specifically designed for you and that also offers clients investment control, transparency, security and cost control.
The widest range of investments to choose from, creating the portfolio that best suits a clients needs
All client assets are completely segregated from other client assets and are readily identifiable
No client assets sit on the balance sheet of Quest Capital Trustees Ltd
When you control the investments in your pension product you control the cost
An investment structure that allows you make investments best suited to your circumstances. A structure that also benefits from very generous tax reliefs; income tax relief on personal contributions, corporation tax relief on employer contributions, tax free growth on investments (no Income Tax or Capital Gains Tax) & can give you a tax free lump sum at the end.
An investment structure that allows you transfer funds from old or winding up employer pensions and make investments best suited to your circumstances. A structure that also benefits from very generous tax reliefs; tax free growth on investments (no Income Tax or Capital Gains Tax) & can give you a tax free lump sum at the end.
Where you place the remainder of your SAPS or PRB after you have drawn your tax free lump sum. An ARF and AMRF is your ‘port retirement structure’, it also benefits from tax free growth on investments (no Income Tax or Capital Gains Tax), and is established to provide you with a regular income from the retirement fund you previously built up.