Income Protection: Income protection for a stay at home parent As is the case of income protection in many families throughout the country, one parent will stay at home to look after the house and children while the other becomes the main income provider. We are all aware of the financial difficulties that would ensue should the main income earner fall ill however, not many people think
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Plan to build wealth and provide for your future. By Johnny McNamara, Director, MCN Associates In order to build wealth it is vitally important that you put plans in place that will provide for your future needs both in the short term and in retirement. However, very rarely do people put adequate plans in place to ensure that their future needs are covered. Pension planning is a key component
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< Managing your wealth in the face of uncertainty By Johnny McNamara, Director MCN Associates Over the past 12 months I have had many people contact me wondering how they should manage their wealth given the uncertain future of the Euro. Most of these people have been desperate to manage your wealth and have been looking at all kinds of solutions. Some talked about moving all of
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Protecting your Pilots Income Protecting your pilots income.. have you ever thought about what would happen if you were unable to fly due to an illness or injury? Would you be able to pay your mortgage and other household bills? Would you be able to maintain your lifestyle of holidays / eating out, things that we would normally take for granted? Protecting your Pilots Income is a
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We are all aware of the need for Pension Funds We are all aware of the need to put money aside for our pension funds however it is often difficult to manage your current cash flow needs with our long term needs. Combine this with the introduction of the new Government levies, proposed reduction in tax reliefs and poor performance, the net result is that more and more people are coming up with
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We Need to Decide What Wealth Building is? We need to decide what wealth building is and what we are prepared to do to achieve it. Wealth building can start at any age and the earlier we do it, the more chance we have of gaining a lot more than we need. Wealth building is created by governments and banks while for most of us can only hope that they will create a situation that is conducive
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Redundancy is the Biggest threat to many people today Redundacy is the biggest threat to many people today.The current downturn in the global economy has created an environment of ever increasing level of threats to all of us. These threats are often outside of your control and therefore there is little or nothing that you can do to stop them affecting you. However the degree to which these
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Taking Back Control of your Personal Economy Your Personal Economy – You can Plan it! You can Control it! You can Understand it! Whether it is the risk of redundancy right through to the tightening or credit lines there is no doubt times are tough at present with many of us now facing in to our own Personal Recession. So In the backdrop of this global economic downturn where we have all
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Family Business Succession Planning Most business owners are too busy driving sales and developing business opportunities to take the time to look at the long term plans for their business succession planning. There are however key questions that every business owner should take the time to reflect on to ensure the long term future of the business while also planning your ultimate exit /
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Pension Funding Dilemma: There have been a number of changes in pension funding legislation in the last year that will affect the retirement planning of high net worth individuals going forward. It is therefore important to know how you are affected and how you can adapt your plans around these new changes. So what are some of the changes that may impact you at this stage? As part of the
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