Take control of your pension by transferring it to a more flexible or better-managed plan.
A defined contribution (DC) pension plan is a retirement savings plan where an employee and/or employer may contribute a set amount, typically a percentage of the employee’s salary, to an individual account.
Your retirement outcome depends on:
Transfer to your new employer’s pension plan.
Move to a personal retirement savings account (PRSA pension) for more control.
Simplify your retirement with one fund.
Required if your employer closes their pension plan.
It would be wise to get some advice from a financial adviser before you make your decision, as you will need to consider the tax efficiency and rules of the scheme your pension is in.
There may be exit or setup charges.
Make sure your new plan matches your risk level.
Understand if there are any short-term tax effects.
Always consult a qualified financial adviser before transferring.
Peace of Mind for Families Across Ireland
Trying to make a decision between keeping my existing Defined Benefit Scheme or taking a transfer value was not a clear decision for me. I needed to take advice from somebody with experience so was very happy when I reached out to Michael in Guardian Wealth. Once we weighed up the advantages and disadvantages of each option it became clear to me what I needed to do. I would recommend Guardian Wealth to anybody trying to make a similar decision.
I have been receiving advice from Jim Doyle in Guardian Wealth for 3 years. I was advised by a friend to use Guardian Wealth and so I contacted them when the time came to access my pension. Jim has been very good to me and has given me great advice over the years. He keeps in touch to give me updates on my pension and he is always available by phone if I have any questions. I am delighted that I am dealing with Guardian Wealth. They are a professional outfit and very straightforward to deal with.
My husband and I contacted Guardian Wealth seeking advice and help with our pensions. I am an ex Aer Lingus employee and I found it very difficult dealing with Mercer. We met with Jim Doyle in Guardian Wealth. He gave us straightforward advice and clearly explained the options available and the process to me. Jim and his team were very efficient and easy to deal with. They dealt directly with Mercer on my behalf and got everything sorted for me. I am more than happy to recommend Guardian Wealth if you are looking for pension advice.
