Best private pension plan for sole trader

lola_run

I'm shopping around for the best pension plan. I run my own business (sole trader) and want to start benefiting from the reductions in income tax as soon as possible.

I haven't found any sites through Google, so I hope someone can help me out.

sofireland

Hi Lola

Your best bet would be to meet an Independent Adviser, they will go through your options with you, because where pensions are concerned there are lots of options available to you.

Also you could check out the main Life Co's websites for info, such as Irish Life, Eagle Star, Friends First, Hibernian, Canada Life, etc.

lola_run

sofireland wrote:

Hi Lola

Your best bet would be to meet an Independent Adviser, they will go through your options with you, because where pensions are concerned there are lots of options available to you.

Also you could check out the main Life Co's websites for info, such as Irish Life, Eagle Star, Friends First, Hibernian, Canada Life, etc.

Ok, thanks. Where can I contact an independent advisor?

Both www.piba.ie and www.irishbroker.ie have lists of members in your local area.

It is hard to define what the 'best pension' is but, the one with the lowest charges is a great starting point.

The most cost effective way of finding the right pension is, do your research, have lots of questions when you visit the advisor and then take the answers away and digest what has been discussed.

If you have a good understanding of what you want, then you should be able to buy the product on-line from a discount broker.

sofireland

what gerard said.

most life companies list brokers in your area too.

Don't get blinded by fund performance history, as past performance doesn't guarantee good future performance.