The most recent increase in the State Pension (Contributory) that came into effect in March of this year, means that those in receipt of the maximum rate of this payment (€248.30 per week) will have an annual guaranteed income which is in excess of the Revenue’s definition of specified guaranteed income (€12,700).

As a result, future retiree’s that have reached State Pension Age (currently age 66) and are in receipt of the maximum rate of State Pension (Contributory), will no longer be required to purchase an Approved Minimum Retirement Fund (AMRF). Should those individuals choose the “ARF” option, then all residual funds they have after taking their pension lump sum can be used to buy an Approved Retirement Fund (ARF).

For more information on the impacts of this increase please read our full TechTalk below.

TechTalk: Co-habiting couples and taxation in Ireland
 
 

In our latest TechTalk we look at Co-habiting Couples and Taxation in Ireland. According to the Central Statistics Office (CSO), the number of couples co-habiting has been on the increase.


 
 
 
Protection discounts extended
 
 

Some good news, our protection promotions have been extended until the end of June. 

 

Just click on the link below to see all the promotions that are currently running.

 


 
 
 
Investment Conference Webinar
 
 

Join the Zurich Investments Team on Thursday, 9 June at 11am. 

 

1hr CPD will apply. 


 
 
 
Financial advice helps get savings on track
 
 

Busy mum of three, Michelle O'Donohoe is planning for her children’s futures. In this video interview she talks about her motivations for saving and why seeking guidance from a financial advisor helped her get started on her smart saving journey. 


 
 
 
Zurich is helping Excel Industries look after its team’s pension needs
 
 

‘We encourage people to start as early as possible’, says Tommy Shannon, managing director of Excel Industries. This article is an Irish Times Content Studio production.


 
 
 
A low risk investment option for your clients
 
 

The Prisma Low fund from Zurich is a low-risk alternative to holding money in cash or on deposit.


 
 
 
Enhanced flexibility on reinstatement ends today
 
 

From today, the enhanced flexibility on reinstatement introduced in 2020 which allowed customers to repay unpaid premiums over a 12 month period if they so wished will be closed.

 

From tomorrow, 1 June, our reinstatement clause will revert to pre-covid times i.e. to reinstate a policy, unpaid premiums can be repaid within three months of the date on which the first unpaid premium was due (unless a request from the policyholder to cancel the policy has been received).

 

For further details contact your Zurich Broker Consultant.