At Pension Support Line, we assist clients in preparing and transitioning to the next stage of life.
2,000 Clients | Over €200 million in assets under management
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Trusted by over 2,000 clients
We have worked with some of Ireland’s largest companies
Retirement Planning Excellence: Where Experience and Education Meet
Pension Support Line is run by a small group of highly qualified financial advisors.
Our team are held with esteem within the industry and lecture on behalf of the Retirement Planning Council of Ireland as well as other organisations.
We understand that retirement planning requires meticulous planning and a personalised approach.
When can you retire?
The age at which you can retire will depend on many variables.
Our goal is to help gauge how far, or how close you are to a number that works for you.
The ability to access your pension will likely have a huge bearing on when you can retire. Different arrangements can be accessed form various ages.
1) Company Pension Plans: These benefits can be accessed from age 50 onwards if you have stopped working in that particular employment.
2) Personal Retirement Savings Account (PRSAs): An individual can take retirement benefits from a PRSA at any age between age 60 and 75. You do not have to stop working to access your benefits.
3) Personal Pension Plans: Individuals with Personal Pension Plans can take their retirement benefits at any age between 60 and 75. Again, you do not have to stop working to access benefits.
If you’re unsure what pension arrangement you have, we can assist and lay out your options.
What options are available when you retire?
As you approach retirement, it’s vital you choose the course of action most suitable to your needs.
A wrong decision at this point could have a significant negative impact on your retirement income.
You’ll likely have the choice of a tax-free lump sum and monthly/annual income so it’s important you make the right decision.
At retirement, you’ll likely be entitled to:
- A lump sum, based either on your final salary and years service. This is known as the salary and service route.
- A 25% tax-free lump sum
- Depending on the method you choose, the balance can be placed in an Approved Retirement Fund (ARF) or used to purchase an Annuity.
However, it is always worth consulting with a Qualified Financial Advisor before taking any action.
Every individual situation is different and should be treated as such. Remaining in the occupational scheme may be a better fit for your financial situation.
Our Personalised Retirement Strategies
We take time to understand your wants and needs and from there, use our experience and know-how to ensure you have the best retirement strategy possible.
Our advisors use a state-of-the-art Financial Planning software allowing you to visualise your current and future finances.
Using such software allows you to:
- Decide when you should retire
- Work out your likely income
- Will your income meet your needs
- Best way to drawdown your pension
- Retirement and beyond
How does it work?
Make an Enquiry
We’ll arrange a quick chat to discuss your current financial situation and what you’re looking to achieve.
Visualise Your Current Situation
Using our state-of-the-art planning software, you can visualise your current financial situation up to age 100. This will include our proposed strategy.
Implementing Your Bespoke Plan
We will execute your personal or business financial plan to ensure you’re set to meet your goals in the agreed timeframe.
About Pension Support Line
At Pension Support Line™ , we understand that effectively managing your wealth is a cornerstone of business success. Founded by a seasoned team of financial advisors, we advise clients across the financial planning spectrum in key areas such as retirement planning, investments and estate planning.
Pension Support Line™ at a glance:
- Over €200 million in assets managed
- Trusted by over 2,000 clients
- Access to all providers in Ireland
- Clear, concise and impartial advice
- Regulated by Central Bank of Ireland
Some of our clients
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At Pension Support Line, we assist clients in preparing and transitioning to the next stage of life.
Information Hub
In late 2022, there were some important changes to pension legislation. Personal Retirement Savings Accounts…
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