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The Smart Finance newsletter aims to bring you the latest news in personal finance and wealth management.
1. June 2010 Financial Fact Sheet
This is the latest in a series of Financial Fact Sheets to be included in the newsletter. The Fact Sheet is designed to assist financial advisers to give clear and accurate advice to clients across a broad range of areas, including:
- Optimizing retirement planning
- Optimizing available tax breaks and reliefs
- Available Social Welfare Benefits
- Income tax exemption limits
- Mortgage interest relief
- Stamp duty levels
Click here for full PDF - Financial Fact Sheet >>
If you would like to discuss these changes please contact us >>
2. Deposits & Investment Options
Deposit Options & Rates: Rate AER
Signature On Call (Variable) 1.50% 1.50%
Signature 30 Days Notice (Variable) 3.00% 3.00%
Signature 90 Day (Fixed Term Rate) 2.70% 2.70%
Signature 1 year (Fixed Term Rate) 3.10% 3.10%
Signature 18 month (Fixed Term Rate) 4.60% 3.04%
The rates shown are correct as of 15/06/2010.
Minimum Deposit Amount €10,000.
Government Deposit Guarantee Scheme is due to expire on 28th of September 2010.
To discuss your deposit options, please contact us >>
3. Investing in Stock Markets - The Averaging Principle
I originally included an article on the Averaging principle in the June 2008 Newsletter. Two years on, due to the uncertainty that still exists in financial markets, this approach to investing is more relevant than ever.
Averaging is a straight forward concept as it caters very well for investors who are looking to invest in share based funds over a period of time when market conditions are volatile. It removes the need to make 'all in' or 'all out' decisions at any one point in time or waiting, for what is preceived as the right time to invest. As such, the impact of short term volatility on share based funds, is reduced.
Averaging, as a strategy, can be incorporated into existing and new investments and it is easily facilitated by most of the companies I deal with, including Irish Life, New Ireland and Eagle Star. I have attached a flyer which outlines how Averaging works and the advantages it offers.
If you would like to discuss the Averaging Principle, please contact us >>
4. Interactive Forum
The Interactive Forum is popular with many clients and subscribers to the newsletter. It provides a platform for them to discuss business and financial queries, to request full information on their existing plans, and if required, to request a full financial review.
Have you got a business or financial query, please contact us >>
To request full information on your existing plans, please contact us >>
To request a full financial review meeting, please contact us >>
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