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Any business owners here have an executive pension set up?

  • 26-01-2022 10:11pm
    #1
    Paddyg96
    Registered Users, Registered Users 2 Posts: 118 ✭✭


    If so, any recommendations of who to look into for it?



Comments

  • #2
    silver2020
    Registered Users, Registered Users 2 Posts: 2,045 ✭✭✭silver2020


    Very important and very tax efficient.

    I had one in a business that liquidated in the recession and it's a very nice reward for the effort and loss I had back then. A pension is protected from a liquidation except in rare situations.

    Current business has been profitable since 2013 and been building pension since then.


    I'm about 5-10 years from retirement and know that I will not be short of finance when I do retire.


    There are so many advisors out there and a huge number of products. Zurich prisma funds are highly rated and you can make switches between risk levels at no cost.


    But look for a good independent advisor and see what they say. Most do work on commission, so maybe talk to 2 or 3 or find one that works on a fee only basis



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