News

What is the flexible retirement challenge?

The Finance Act, 1999 introduced flexible options on retirement for many pension arrangements. This has had a massive impact on the choices available to people when accessing their retirement benefits. Do you: Leave your whole pot intact until you decide what’s best for you Secure a guaranteed income by purchasing […]


Population ageing – raise taxes or cut services?

For many years, government, interest groups, pension providers and financial advisers have spoken about the impending ‘pensions time bomb’. A recent report from the Office for Budget Responsibility (OBR) in the UK casts a different slant on the same problem. The OBR carries out a fiscal sustainability report every year on […]


Will we have a US China Trade War?

The risk of a trade war between the USA and China has grabbed markets’ attention recently, fuelled by headlines; Twitter quotes from Donald Trump and also because of the threat of retaliatory action from China. Equity markets are under pressure, credit spreads are wider, and bond yields lower as a result. […]


What can you do if you have been declined Life Insurance Cover?

Being declined life insurance cover is a serious but not very common event. Cover is generally declined because underwriters believe your application poses a higher risk than they are prepared to take on. The risk factors that can cause a declinature are: Pre-existing medical conditions Hazardous occupations Professional sports person Extreme sports […]


Footballers in ‘legal’ action

With the football World Cup in full swing, a different kind of ‘match’ took place recently in the UK High Court, London. Four former Premier League footballers, Robbie Savage, Danny Murphy, both BBC soccer pundits,  Brian Deane and Jason Wilcox, sued Royal Bank of Scotland, owner of Coutts, the Queen’s Bank […]


Behavioural economics and retail financial products

People often make errors when choosing and using financial products and can suffer considerable losses as a result. Using behavioural economics we can understand how these errors arise, why they persist, and what we can do to ameliorate them. Behavioural economics uses insights from psychology to explain why people behave the […]


What effect will Brexit have on Irish insurance policies?

Under the European Union (Notification of Withdrawal) Act 2017, the Parliament of the United Kingdom empowered the Prime Minister to give to the Council of the European Union the formal notice for starting negotiations for the United Kingdom’s withdrawal from the European Union. In March 2017, the United Kingdom triggered Article […]


Should I consider consolidating my pension funds?

The recently published 2018 Deloitte Millennial Survey found that 43% of those surveyed see themselves leaving their current jobs within two years. Only 28% plan on staying beyond five years. This employment pattern has become the norm so it is not unreasonable to assume that a 30-year old will have worked […]


How do cryptocurrencies work?

Most cryptocurrencies are designed to work as a medium of exchange; using cryptography to conduct transactions, control the creation of additional units, and verify the transfer of assets. In the case of Bitcoin, and most other cryptocurrencies, no central authority or server verifies transactions. Instead, the legitimacy of a payment is determined […]


The world’s 10 most unhappy countries

The misery index is an economic indicator created by economist Arthur Okun. It helps determine how the average citizen is doing economically and it is calculated by adding the seasonally adjusted unemployment rate to the annual inflation rate. It is assumed that both a higher rate of unemployment and a worsening […]