2011 Sep 13 - Eoin Buckley - Protecting Your Capital II

Protecting Your Capital Maryborough House Hotel 13th September 2011 Eoin Buckley

Threats To Your Capital Return of capital versus return on capital Government default/restructuring? The future of the “Irish Euro” Credit Stabilisation Act Inflation

Layers of DefenceBank Deposit Accounts Foreign banks operating in Ireland Foreign banks not operating in Ireland Foreign currency deposit accounts – High RiskLife Assurance Companies Global cash funds Capital guaranteed products Bonds  Government - inflation linked  Corporate Absolute return funds Multi asset funds

Our Product ProvidersBanks Investec KBCLife Assurance Companies Aviva Irish Life New Ireland Standard Life ZurichStockbroker Quilter

Pensions – A Bargain for 2011The negatives Poor investment performance Tax incentives on the decreaseA long term savings plan.... Pressure on the state pension Life expectancy continually increasing.....With tax relief 2011 – 41% 2010 – Backdating for all until Oct 31st (up to 49% relief)Pension structures PRSA / Personal Pensions / Occupational pension scheme Ability to accept Employee and/or Employer contributionsBuy out bond Take control of old employee based retained pension benefits

No Capital to protect? Income protection  40 yr old earning € 70k p.a. inflating at 2% p.a. will earn € 2.8m to age 65  41% tax relief on premium Life cover  2 young children  41% tax relief on premium applied Child savings plan  Using a deed of assignment in each child‟s name  Utilises annual gift exemption of € 3k (€6k for couple) and keeping the fund value on maturity out of the CAT tax net The „3 worlds‟ annual review  Best advice evolves based on changes in your world, our world and the world

QueriesEoin Buckleyabm financial advisers30 Princes Street021 4277000 / 0876323333eoin@abm.ie abm financial advisers Ltd is regulated by Central Bank of Ireland

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2011 Sep 13 - Eoin Buckley - Protecting Your Capital II

by abm Ireland on Sep 29, 2011

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2011 Sep 13 - Eoin Buckley - Protecting Your Capital II — Presentation Transcript