• Dublin: +353 1 70 70 000
  • London: +44 203 582 3787
  • Cork: +353 21 701 1253
  • Galway: +353 91 342 512
Seaspray Home Site

Life & Pensions

Request Consultation

Our mission at Seaspray Financial is to help our clients build, manage and grow the optimum pension solution. We can advise you on the best pension products available, and working together, we will help you design a tailored pension plan that best suits your appetite to risk and retirement objectives.

At Seaspray Financial, we advise on and manage every type of Pension contract for:

• Pre-Retirement Pensions and
• Post-Retirement Approved Retirement Funds (ARFs)
• Types of pensions we manage : Buy Out Bonds, PRSAs & Personal Pensions, Executive Pensions & SSASs, ARFs.

We use third party Institutions, Administrators and Trustees to ensure full independence and complete regulatory control.

Tax Advantages of Pensions:

Going In:

  • Tax relief is available when contributing into a pension scheme. For an individual at the marginal rate of tax, personal contributions get tax relief at 40%
  • Employer contributions into Company Pension Plans attract tax relief from Income Tax as well as Universal Social Charge (USC) and PRSI
  • In addition, Employer contributions into Pensions are exempt from Employers PRSI (up to 10.95%)

Within:

  • All investment gains and distributions within a Pension Fund are tax-free, unlike deposits (subject to tax on interest in the form of DIRT) or investment in property or shares (where rent and dividends are liable to income tax and gains in value are subject to Capital Gains Tax)

Coming Out:

  • On retirement, 25% can be taken from a Pension in a lump sum. The first €200,000 of this is tax-free.
  • The 75% balance of a Pension can then go into the ARF / AMRF structure
  • On death the A(M)RF can go to the surviving spouse tax-free and subsequently onto children (if aged over 21) where the distribution will be subject to income tax at the rate specified (currently 30%)

Secure Your Financial Future with our range of Private Investment Solutions

Request Consultation

DUBLIN

25 Lower Leeson Street,
Dublin 2, Ireland

Phone: +353 1 70 70 000   

Email: paul.mcgowan@seasprayfs.ie

Paul’s Mobile: +353 86 26 25284

LONDON

Phone: +44 203 582 3787   

Email: paul.mcgowan@seasprayfs.ie

Paul’s Mobile: +353 86 26 25284

CORK

Phone: +353 21 701 1253

Email: brian.walsh@seasprayfs.ie

Brians Mobile: +353 86 171 2765

GALWAY

Phone: +353 91 342 512

Email: danny.oleary@seasprayfs.ie 

Email: adele.taylor@seasprayfs.ie 

Danny’s mobile : +353 87 256 38 43

Adele’s mobile : +353 86  024 09 06

Important Legal Information  |  Important Disclosure  |  Terms & Conditions  |  Privacy Notice  |  Cookies Policy  |  Data Access Request  |  Charges

Seaspray Financial Services Ltd trading as Seaspray Private is regulated by the Central Bank of Ireland. Seaspray Financial Services Ltd is authorised as an investment business firm under S. 10 of the Investment Intermediaries Act 1995 (as amended). The firm is also registered as an insurance / re-insurance intermediary under the European Communities (insurance Mediation) Regulations 2005 (as amended). The firm is an investment product intermediary holding letters of appointment from investment product producers such as insurance companies and banks.  The company’s regulatory number with the Central Bank of Ireland is C165527.

WARNING: IF YOU INVEST IN A PRODUCT YOU MAY LOSE SOME OR ALL OF THE MONEY YOU INVEST.WARNING: IF YOU INVEST IN A STRUCTURED PRODUCT YOU WILL NOT HAVE ACCESS TO YOUR MONEY BEFORE THE PRODUCT MATURES.

WARNING: IF YOU CASH IN A FIXED TERM PRODUCT BEFORE THE MATURITY DATE YOU MAY LOSE SOME OR ALL OF THE MONEY YOU INVEST.