Recent changes to pension legislation have extended the options for individuals on retirement.

Individuals should seriously consider pension contributions as a means of providing for their retirement and achieve a tax deduction in the process.  Pensions can be designed to suit the needs of each individual.  Examples include:

·        Pension Mortgages

·        Self Administered Pension Schemes

·        Employee Schemes

·        Personal pension Plan

·        PRSA’s

Advice should be sought from an authorised professional so that the pension plan chosen suits the requirements of the individual.