Enjoy Your Retirement.
Life doesn’t stop when you retire,
Confused? Just ask somebody who knows.
Personalised Pension Planning for a Secure Future
Dedicated to Help Individuals Achieve Retirement Goals
Why a Pension?
A pension is one of the most effective ways to secure income for retirement, with the added benefit of tax relief on contributions provided by the Government through Revenue; far better incentive than the old SSIA schemes.
In Employment
Get expert guidance on initiating your pension plan, ensuring it meets your financial goals
Navigate redundancy with tailored advice to secure a tax-efficient solution
Specialist Pension Advisors help you claim benefits from your former employer’s scheme, simplifying the technical and regulatory process
Self-Employed
If you row your own boat then you need to provide for your retirement. You can pay less tax and build your own wealth through a pension scheme.
We’ll help you get the best fit!
Company Directors
& Group Schemes
Company Directors and Employees can build large retirement funds with generous tax breaks. This can be done with cash sitting in the business, or over the longer term with regular contributions.
Obtain a comparative, independent review of all company schemes, director’s pensions, and self-employed pension funds
Experienced Corporate Pensions Consultants provide advice for company directors, executives, and group scheme members
Previous Employer Pension - 25% Tax free Options
If you are over 50 you may be entitled to a 25% Tax free lump sum from a previous occupational pension. Baggot Life and Pensions expert team can determine your entitlements and guide you through this process.
Keep track and control of the pensions you’ve built up over your working lives. Their values can be negatively impacted if not managed due to loss in performance or high fees.
If you have pension benefits from a previous employer, we assist in finding and reviewing your options.
Depending on your age you may be able to cash in your previous pension, however there are many benefits to moving the pension out of the scheme and into your own name where you take back control of your funds.
Have questions?
We have answers
Want to know more? You can email us anytime at info@newalliance.ie
In Ireland, the main types of pensions include State Pensions, Occupational Pensions (provided by employers), Personal Pensions (self-funded), and Additional Voluntary Contributions (AVCs).
It’s advisable to start planning for your pension as early as possible. The sooner you begin, the more time your investments have to grow, potentially increasing your retirement income.
The amount you should contribute depends on various factors such as your age, retirement goals, current income, and existing pension provisions. A financial advisor can help determine an appropriate contribution level.
Contributions to pensions in Ireland benefit from tax relief at your marginal rate up to certain limits. This means you receive tax relief on the contributions you make, enhancing your pension savings.
Normal Retirement Age (NRA) is 65 however you may be able to access a pension from age 50 if it is from an occupational source and you have left that employment. For self-employed individuals it is usually 60. There are specific circumstances (such as serious ill health) where early access may be possible. It’s essential to understand the rules and implications before considering early withdrawal and advice should always be sought.
Get a Customised Pension Plan in
3 Simple Steps
Speak with our insurance specialists to know more details about policies and premiums
We assist you in every step, from assessment to picking the right plans
Use our fee-based advice services to know all plans that are feasible for you
Don’t Just Take Our Word for It
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