Retirement Planning &Amp; Scheme Design

Retirement Planning & Scheme Design

by

John T Sheppard

Retirement Planning & Scheme Design

Ensuring your benefit package is compliant with recent legislation, and, competitive in the market place is essential. At Hennelly Finance, we specialise in tailoring pension plans to meet the needs, and, desires of both employer and employees.

We can put together packages, including pension schemes, which are designed to meet objectives. We can also appraise existing arrangements and advise on making them more effective. Because we are independent, we can offer advice and arrange all types of schemes to meet each client\’s needs, often involving more than one financial institution.

As an independent advisor we have access to all of the main group pension providers operating in Ireland today.

Services Provided

\”Employer advice regarding the installation of the scheme

\”Broking service to source the most competitive charging structure

\”Liaison point with employees

\”Administrative Support

\”Investment advice to employer and employees

\”Ongoing review service

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\”Advice to the employer on technical and legal issues surrounding pension schemes

\”Advice to employees who are leaving service

\”Advice to employees who are retiring

Group Life Assurance

A comprehensive benefits package can be a useful aid to staff recruitment and retention, and in this respect, Group Life Assurance Cover, (also known as death-in-service cover); can be a valuable and cost effective component part of this package. Group life assurance cover is usually designed to pay a lump sum benefit on the death of an employee of the sponsoring employer.

Hennelly Finance work with all the major providers of Group Life Assurance in Ireland to provide our corporate clients with the most competitive pricing and a first class personal service.

Why would an Employer want to set up a Group Life plan for their employees?

\”An employer can write off the full cost of providing the benefits against corporation tax.

\”It is an attractive benefit that the employer can offer current and future employees.

\”The underwriting requirements for group life business are much less stringent than for individual life cover. Non-Medical limits are set based on the size of the group and the levels of cover.

\”As cover is organised on a group basis, costs are significantly lower than equivalent individual life cover.

\”Administration for the employer is much more straightforward than purchasing equivalent life cover policies for each individual employee.

Group Income Protection

Group Income Protection, also known as Permanent Health Insurance or Long Term Sick Pay, is an often overlooked, yet increasingly valuable, employee benefit. Many employers will continue to pay employees for a period after the onset of incapacity. In the event of a long-term incapacity however, the employer, if only for commercial reasons, will be reluctant to do so indefinitely. The employer may then be confronted with an unpleasant moral dilemma, of whether to continue income beyond any contractual obligation period, particularly where a long serving and loyal employee is concerned.

A Group Income Protection plan allows you as an employer to safeguard the financial well-being of your staff by providing them with a replacement income during long-term absences from work through illness or injury. If you already have a scheme in place which is due for renewal, Hennelly Finance can review your cover to see if savings can be made for the company.

Key benefits of a Group Income Protection Plan:

\”Valuable financial benefit for staff at a relatively low cost to the company

\”Can be part of an attractive benefits package for key employees

\”Costs of long term staff absence reduced

\”Flexible choice of benefits

\”Cost of Plan reviewed annually by Hennelly Financial Services

\”Employee Assistance programme for staff who are claiming on the plan – helps with back to work programmes.

\”Proportional benefit helps support employees returning to work

\”Reduced underwriting requirements for Group plans – little medical underwriting required.

Group Private Medical Insurance

Private Medical Insurance cover is recognised by many employees as an increasingly valuable employee benefit. Employers can also benefit from the fact that employees are treated quickly and without fuss, enabling them to return to work in a timely manner. For key personnel, it can be beneficial having the ability to select a time and date for treatment to be carried out, causing minimal disruption to the business. Hennelly Finance are an approved health insurance intermediary for Aviva Health and are more than happy to advise you on the best plan for your company\’s needs.

Corporate Financial Planning

Many businesses recognise the need to insure their company property, equipment and fixed assets. However, they continually overlook their most important assets – the people who drive the business. Many fail to realise the impact on the financial security of the business that would result, following the death of a key employee, director or shareholder. Independent and impartial advice is invaluable to achieve the best possible value for money. Hennelly Finance can offer a service, which reviews any existing arrangements and makes recommendations for improvement, where appropriate.

Business Insurance/Commercial Insurance

Our specialist team of insurance professionals understand the risks involved within all aspects of commercial business, and will provide you with personalised risk assessments and professional advice to help you understand the risk considerations within your organisation, as well as ensuring you have the right cover in place for the needs of your business. We offer a wide range of insurance products which can help protect your business from the risks of trading.

Hennelly Financial Service t/as Hennelly Finance is regulated by the Central Bank of Ireland.

For more information about Retirement Planning, Group Life Assurance, Group Pensions or any other Financial Services, please go to http://hennellyfinance.ie

Article Source:

ArticleRich.com



Four Ways To Make Your 50th Wedding Anniversary Unforgettable

By Danica Reynes

Give your guests personalized keepsakes, play a memorable picture show, follow a gold motif and recreate the past when hosting a party to highlight your 50th wedding anniversary.

Wedding anniversaries are worth commemorating, and reaching 50 years of marriage is all the more reason to celebrate. This is a once in a lifetime event that should be celebrated by all of your friends. One way to celebrate a 50th anniversary is to share the occasion with close family and friends by hosting a party. Here are a few hints to help you make your 50th anniversary a memorable one for you and your family:

Host a party with a retro theme

Indulging in memories and recapturing the past in order to recreate it as a theme for a 50th wedding anniversary party is a great theme for a host. Research what was popular five decades ago and use those cultural aspects in your party. Consider wearing era clothing and inviting everyone else to do the same. Remember the wedding anniversary in a special way by having a band play memorable songs from that year. You might try using old posters and decorations that will make the participants remember past events. Ask caterers to make a special menu of food items that were popular then, too.

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Choose a gold theme for the celebration

Gold is a classic 50th anniversary symbol, and a good starting point for party ideas. Make gold the motif for the celebration. Try using gold ink and gold foil on the invitations to make them look more formal. Moreover, you might want to have your guests follow a dress code in which gold is the central theme. Incorporate gold into the party theme by adding gold colored linens, table centerpieces, and even floral arrangements accented with touches of golden hues. Dishes that symbolize gold or wealth can also be placed on the menu, such as a roast duck and truffles, or a cake that has gold toned icing and edible gold shavings.

Present a slide show

Gather an assortment of photos and other souvenirs related to the half century of your marriage. You can have them scanned and made into a movie that you can play during the party. You and your visitors will get pleasure from recalling important memories and events from the past through watching video. To bestow the pictures on display a more individualized and sweet touch, a love song that is a favorite of both of may be played as a background music.

Send guests home with a keepsake that is personalized

Not only should you and your guests take the time to set up a proper get-together on your golden anniversary date, you should also have on hand something that will help you remember this occasion for the rest of your lives. You can even give something back to your guests in the form of personalized keepsakes like anniversary messages or speeches that you’ve recorded and put onto a CD from LifeOnRecord. LifeOnRecord allows the couple’s family and friends to call a toll-free number where they can place heartfelt messages and wishes to the couple which will then be recorded on CD.

There are many different things you can do to celebrate a golden wedding anniversary, but first and foremost is to share it with the people who helped make your marriage especially happy and beautiful.

About the Author: To know more about

50th anniversary ideas

, you can visit http://www.lifeonrecord.com/anniversary.htm.

Source:

isnare.com

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How To Get 100 Percent Property Development Finance

By Sean Horton

When it comes to getting 100 percent property development finance it can be difficult. However by going with a specialist and allowing them to search on your behalf you stand a much better chance of getting the full amount. There are three basic ways by which you can increase you chances of getting the full amount when it comes to getting finance. These are purchasing the property under verified market value, putting forward additional security and gross development lending.

A broker will be able to give you excellent advice when it comes to all three and tell you how to increase your chances with a lender. A lender will usually work better with a broker than they would with an individual so this is one asset you will have by choosing to use one. While you will have to payout for the fees a broker charges you will still be able to save money because a broker can have access to lenders that you do not. They will be able to search with the whole of the market place to find a lender that is known to provide 100 percent property development finance.

Usually 100% finance will only be offered to those most experienced in property development. With experience comes knowledge and this will lead the developer to being able to see the potential in a property and realise it is a bargain. Of course this is only a part of it and the individual has to find a lender willing to take the risk. However they are more likely do so with the individual’s excellent track record to back them up.

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If you are able to put up additional security against the loan then you are more likely to be approved for 100 percent property development finance. Of course those developers who are experienced will know this but it can sometimes be overlooked by those with very little. Putting up an additional property against the loan can go a long way to securing the loan 100%.

During the planning and building phase of the project in question an experienced property developer can see potential that those lacking experience can see. If you can forecast the value of the project after the building phase then a lender is more likely to offer 100%. This is especially so if a professional valuer takes a look at the project and can back you up.

All of the above can go a long way to you securing 100 percent property development finance. Using a broker will also put you in good stead as opposed to going it alone. Lenders are more likely to work quickly with the broker than they are with the individual as the project will have been looked over and recommendations made. The biggest plus of going with the broker is they have the experience and know where to look and which lenders usually offer 100%. You can also take the advice of the broker when it comes to getting the cheapest interest rates. Rates will be based on the individuals experience and the proposition put to them. They will usually range between 1.5% and 2.5% above the Bank of England Base Rate.

About the Author: Sean Horton is a Director of Enhanced Wealth, a whole of market mortgage broker and IFA specialising in mortgage advice and the associated areas of income protection, mortgage protection, mortgage life cover and Property development finance .

Source: isnare.com

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Secret Closed Door Restaurant: Casa Felix In Buenos Aires

By Robert Murgatroyd

I heard about a secret closed door restaurant in Buenos Aires from a few of my ‘in the know peeps’. I had never heard of this concept – but, I knew I wanted in. Having a Jet Set Life to me is all about different, new and exciting things to do. Kim and I had our Buenos Aires contact, Fiorella, get us into Casa Felix on a Saturday night (which was a little like juggling flames). We really had no clue what to expect. All we knew was that the ‘restaurant’ was the house of professional Chef Diego Felix.

We jumped into a cab and headed to the comfy residential neighborhood of Chacarita (which is near Palermo). We pulled up to a beautiful building from the 1920’s, rang the bell and chef Diego Felix warmly greeted us. From the moment you step foot in his house you can feel the intense and creative vibe. Diego was kind enough to grant us special access to interview him about an hour before his guests arrived (see video below).

Then it was show time. 12 guests, who don’t know each other, ring the door bell and enter the world of Diego Felix. He greets them one by one and welcomes them back to his kitchen for an amazing cocktail (wish I could tell you what it was – all I know was that it was made of herbs from his garden and bordered on a lemoncello kind of taste – it was a triumph!).

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Over cocktails, and in a rock star kind of way, he was fielding questions about who he is and what he does. Simultaneously, the rest of us were getting to know each other. Usually, the dining experience is held in his private open air courtyard by candlelight. However, because it was raining, we were then directed to what could probably be called his living room- turned dining room- to begin our culinary experience.

When seated we find a beautiful handwritten menu made of parchment at everyone’s place setting describing the five course menu. With a hat tip to the slow food movement the experience began. Diego personally brought out each course and explained why it was selected and gave us a brief description of its indigenous South American ingredients, which he scours the continent to find.

As I’m not a foodie – I won’t go into the description of each of the five courses. I’ll leave the details of that to Food and Wine magazine, which they have done brilliantly here. I’ll simply say the food was incredible! We met some really great people that night. We even wound up partying with a few of them, including Chef Felix, at a VIP table at Jet night club (which our contact Fiorella also arranged for us).

If you make it to Buenos Aires, and you should, make a stop at the (not so secret anymore) hidden restaurant of Casa Felix. I promise you’ll love it.

About the Author: Robert Murgatroyd is the co-owner of Jet Set Life jetsetlife.tv/home.htm where he reports on where the Jet Set stay, eat and play around the world. For more reviews, photos and videos check out his blog jetsetlife.tv/robsblog/

Source: isnare.com

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