Investing should be simple but is made complicated. You invest in the biggest and best companies in the world for the long term. That’s it, no complicated risk control mechanisms or market timing strategies.
Your pension is a supremely tax-efficient vehicle for wealth accumulation and is the first port of call after paying down high-interest debt for long-term savers by investing in these companies.
Personal Investors(non-pension) have to contend with a less than ideal tax environment but we will guide you to the best options for your circumstances but the same principles apply.
We regularly meet new clients who have investments with 3 or 4 or more organizations, typically each new organization was only concerned with their own product and not with how that investment interacted with those previously done.
In our view, good investment advice and planning must start with a full review of what has come before. We take time in getting to know the attitude to risk and reward of the individual before any recommendations are made.
Moore Wealth Management provided me with extremely useful advice. Their expertise in the areas of protection, investment and tax planning has helped me significantly and their desire to build a long-term partnership is evident in all their work and commitment to date. I have every confidence in recommending Moore Wealth Management to others looking for highly qualified impartial financial advice. Kieran, Colm and Sharon provide the highest level of service and follow through.
We look at how you are investing personally held funds and determine if you are optimising the most tax-efficient environment for them. Most personally held investments in Ireland suffer from a 1% entry levy, 1-2% annual management charge, and 41% tax on gains. This is a tough regime under which to make returns. However, we can help you take advantage of options to invest under Capital Gains Tax which removes the 1% entry fee, reduces the annual charge and the tax on gains is at 33% after your annual Capital Gains Tax exemption of €1,270.
One of the most common questions we get asked as financial advisors is “what should I do with surplus funds that are sitting in a bank account that can provide a return but are also low risk?” In summary, we can conclude that when looking at surplus cash in the medium to longer term there are in fact two risks to be considered
This causes a dramatic loss of the value of your money in real terms over time as inflation outpaces deposit-style returns
There are of course risks associated with investing in equities but importantly these can be significantly reduced if you allow equity markets to do what they do over 5-year-plus time frames and use regular monthly savings to benefit from Euro cost averaging
We have access to a wide range of investment providers; not just typical insurance company funds and we are well-positioned to offer suitable investments across all categories of risk. Talk to our team today to learn more.
Following a financial review with Moore Wealth Management, I was presented with a highly detailed picture of my overall financial situation unlike any I had seen before. The concise and very transparent manner in which they operate leaves me in no doubt that the advice I’m receiving is in my best interests. I have recommended them to fellow pharmacists and would not hesitate to do so again.
We welcome all queries and would be delighted to offer a no obligation consultation.
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Here at Moore Wealth Management, we keep our fingers firmly on the pulse of the financial industry to ensure we continually deliver the very best advice and products for our clients. Follow us on LinkedIn and don’t hesitate to start a conversation if you have any queries.
