New Year Revolution! Top 12 Money Saving Tips

New Year Revolution! Top 12 Money Saving Tips

HOW TO REDUCE YOUR INCOME TAX BILL NOW IN ONE FELL SWOOP INCOME TAX AND PENSION DEADLINE – WHAT HAPPENS ON 16 NOVEMBER 2019? Although, like all dates, it comes around each and every year, this one can throw up more than its fair share of complications on an annual...

10 WAYS TO GET THE BEST RETURN ON SAVINGS

10 WAYS TO GET THE BEST RETURN ON SAVINGS

This guide has been written for people who have a sum of money to invest. *This is for informational purposes only, and you should get proper advice from a financial broker. (You can start by completing the risk profiler questionnaire below). The Irish savings market...

Why investing in cash may not be the best option

Why investing in cash may not be the best option

After all the turmoil in property and stock markets in recent years, many people have chosen to put their savings or pension into cash-only instruments.  Is this playing it safe or plain stupid?  Zurich Life, which are one of the companies that provide pensions and...

Cancer Insurance Cover: Who needs it?

Cancer Insurance Cover: Who needs it?

Specific illness cover options are now becoming more popular and affordable. This is particularly so with cancer considering its occurrence rate is greater than 1 in 4 of the general population. It is true to say that we don’t have to have to look too far in life to...

Which Irish pension fund should you choose now?

Which Irish pension fund should you choose now?

OCEAN  ARE A RECOMMENDED PENSIONS ADVISER SPECIALIZING IN HELPING PEOPLE TO SWITCH TO MORE AFFORDABLE PENSIONS WITH MUCH BETTER RETURNS.  CALL 01 8693400 FOR A FREE FRIENDLY CHAT TODAY Ocean recently released results from an online survey which polled ordinary people...

ECB interest rate cut is good news…or is it?

ECB interest rate cut is good news…or is it?

When the European Central Bank governors met this week to announce that its main interest rate was to be cut to a record low of 0.5% nobody was surprised...but not everyone was particularly happy. The rate cut was made against a backdrop of a falling Euro inflation...

OECD REVIEW OF THE IRISH PENSIONS SYSTEM

OECD REVIEW OF THE IRISH PENSIONS SYSTEM

The recently released OECD review of the Irish Pensions Systems might be a worthy tome but its recommendations risk over-reliance on state structures to the detriment of real competition for pension savers. The paper focuses heavily on compulsory structures and...

The Pensions Time Bomb! What the people think

The Pensions Time Bomb! What the people think

PRESS RELEASE Ireland's Two Speed Pension Economy – New Survey shows whilst some people have stopped making contributions to their pensions, it is being offset by more people increasing their contributions Ocean.ie, a leading pensions advisory firm in Dublin has just...

Spring is in the air! Mortgage market thawing out

Spring is in the air! Mortgage market thawing out

In a recent blog post we spoke about how there were signs of life in the mortgage market with AIB, BOI and PTSB coming out and promising to increase lending for the year. Both AIB and Bank of Ireland spoke of doubling their figure to approx € 2 billion each for 2013...

Finance Bill 2013: Pension Changes and Implications

Finance Bill 2013: Pension Changes and Implications

February 14th was Valentine’s Day and also when the Finance Bill was announced. The government seems to be trying to show some love with their announcements regarding certain pension changes that are due to be enacted. But has Cupid’s arrow hit you?   Section 16 of...

Government Pension Policy in 2013

Government Pension Policy in 2013

After much speculation, and a number of submissions from the pensions industry, the 2013 Budget introduced measures in which the impact on occupational pensions were few and mainly positive. The government have stated that it is in everyone’s best interest that as...

Getting a mortgage: 5 key issues for bank acceptance

Getting a mortgage: 5 key issues for bank acceptance

In the wake of news that PermanentTSB have increased their mortgage lending fund to €450m in 2013, recently released figures from Bank of Ireland also provide some grounds for optimism. Bank of Ireland lent over €1bn in mortgages last year with a surging 65% increase...

Just how much life cover do I need?

Just how much life cover do I need?

Already have Life Cover or Life Insurance? Then you are alright then...or maybe not... Recent research from Caledonian Life has shown how many people who already have a Life Cover policy may be under-provisioning for their dependants and beneficiaries in the event of...

EU Gender Directive affects women…on facebook

EU Gender Directive affects women…on facebook

Ocean Finance has had a facebook page for some time, albeit it was unloved (by all) and neglected (by us) until recently. Things have changed a bit since... Facebook provided us with a unique channel to reach out specifically to an audience that we wanted to talk to...

INCOME PROTECTION: Can You Answer The Following?

INCOME PROTECTION: Can You Answer The Following?

What arrangements does your employer have if you are on long term sick leave? How long would your savings last if you were to draw on them every month to cover the cost of day to day living? How would you continue to pay for all your outgoings without income? These...

Life Planning with Ocean

Life Planning with Ocean

Ocean.ie is pleased to announce a new service to our customers which is designed to provide them with access to one of our specialised advisors. This is one-to-one to consultation presents an opportunity for the customer to have a close look at all their financial...

The Value of Deposits In a Volatile Time

The Value of Deposits In a Volatile Time

Due to the continuing volatility in markets due to the world recession and also the uncertainty within the Euro area, more and more people are looking at more conservative and safer options to invest their money. Whether it be your pension plans (including any...

Nama Negative Equity Scheme

Nama Negative Equity Scheme

After months of rumour and speculation Nama have finally launched a new scheme which it hopes will kick start the property market and therefore hopefully shift some of the 10,000 + properties it has on its books. The scheme which it is calling the “80:20 Deferred...

The Pension You Left Behind

The Pension You Left Behind

Have you are anyone you know recently changed jobs or indeed in these recessionary times lost their job? If so did you have a pension, and if so were you given your options for your pension when you left the company. In many cases there are retained pension benefits...

Things To Consider When Taking Out Income Protection

Things To Consider When Taking Out Income Protection

Life’s unpredictable and no one knows what is going to happen next. But wouldn’t it be comforting to know that your loved ones would be looked after if you weren’t around? We want to help you understand your needs and get you thinking about what protection you might...

Where did my pension go?

Where did my pension go?

Ever wondered where is that pension you had with your previous employer and more importantly how is it performing, what is it worth and what can I do with it? In many cases on leaving employment people do not realise that they can actually take ownership of this fund...

Cash is King

Cash is King

If you’ve money to invest – will you get real returns? Pat O’Sullivan - Head of Investment Strategy, Irish Life Cash is currently king in Ireland with almost €100 billion sitting in cash. What’s more is this figure is set to rise with €12.2 billion being saved each...