Workers should fund their own retirement – OECD review on Irish pensions says

A major review of Irish pensions has recommended that workers should be obliged to contribute to pension schemes to fund their retirement. The OECD Review od the Irish Pension System OECD Review of the Irish Pension System says that the best options would be either a universal basic pension or a means-tested basic pension. These […]

ARFs and AMRFs – understanding your retirement options

ARFs and AMRFs are personal retirement funds which allow you to keep your money invested after retirement as a lump sum. An approved fund is a viable alternative to purchasing an Annuity, which with the current low interest rate is offering poor returns, and gives the investment holder greater control of their inheritance and estate. […]

Why choose Income Protection?

If asked what their greatest asset is, many people would automatically respond that it’s their home. But when you do the sums, the fact is that your income is by far your greatest asset. So what would happen if you fall ill or suffer an injury and are forced out of work? What protection would […]

When should I start saving for retirement?

The answer is simple: as soon as you can. Ideally, you’d start saving in your 20s, when you first leave school and begin earning paychecks. That’s because the sooner you begin saving, the more time your money has to grow. Each year’s gains can generate their own gains the next year – a powerful wealth-building […]

Get critical illness cover for peace of mind

Illnesses that used to be fatal are now survivable, so it makes sense to protect yourself from the fallout. Nearly two-thirds of the population have no form of financial protection if they die or become critically ill, despite advances in medicine and technology that mean more people are living longer and surviving illnesses that used […]

How important is critical illness cover?

With one in every five critical illness claims for breast cancer now could be the time to make sure you have the right protection. Most home buyers purchase life assurance when they arrange a mortgage, but only a minority obtain another form of financial protection that they are five times more likely to need before […]

Key Man insurance – Is your business properly protected?

As a business owner or director your staff are your lifeline and without them most business owners would agree that they would struggle. This is especially true if they were to lose a key man or key person from their team due to that team member dying or becoming ill and unable to work. Fortunately […]

What is Financial Planning?

Financial Planning is an ongoing process to help you make sensible decisions about money that can help you achieve your goals in life; it’s not just about buying products like a pension or a protection policy. It might involve putting appropriate wills in place to protect your family, thinking about how your family will manage without your income […]

Budget 2014 Summary

DHKN’s Budget 2014 Newsletter outlining the taxation measures introduced by the Minister for Finance on 15th October 2013. http://www.dhkn.ie/uploads/File/Budget%202014.pdf

Time is Running out to Save Money

Santa and the Gender Directive As I sat down at the weekend to write my letter to Santa, sorry, to write my baby daughter’s letter it made me realise how close we are to the big day…., not Christmas, which by the way is only a few weeks away but the actual introduction of the […]