Make your savings work harder.
Bank deposit rates offer little to no ability for growth, with many rates garnering negative yield when factoring inflation.
Moving your company’s non working capital off of deposit and into a life company savings/investment plan provides opportunity for real growth.
There are a multitude of funds available to suit your tolerance to risk and time horizon.
reduce or eliminate your close company surcharge
Irish companies which are “close” companies are liable to pay a 20% surcharge each year on any deposit income which is not distributed within 18 months.
A “close” company is a business which is controlled by 5 or fewer participators, associates or directors -applying to the majority of businesses in Ireland.
Taking reserves out of your deposit account and into an investment product can drastically reduce or eliminate your liability.
implement strategic growth
Take a strategic approach to growing your business. Outlining your goals and knowing what tools are available to help you acheive them is important.
Our advisers can help you identify which products are suitable to your business’ needs and work with you to create a plan.
Sustainability Factors
Sustainable Finance Disclosure Regulation (‘SFDR’) This EU Regulation is effective 10 March 2021. As the area of the SFDR is new and evolving without sufficient information being currently available, we do not currently assess in detail the adverse impact of investment decisions on suitability when providing investment or insurance advice. The key product providers with which we engage have developed responsible investment as part of their investment philosophies and sustainability policies. However, detailed information on specific fund recommendations we recommend is not always available. As further information on the approach being taken by product providers, and their internal/external fund managers, becomes available over the course of the next year, we anticipate reviewing these areas in our assessments.