• Galway: 091 - 421900   Cork: 021 - 4190009   Dublin: 01 - 5311386
  • Unit 22 Claregalway Corporate Park, Claregalway, Co Galway H91 NWK7
All Your Questions about money Answered

Leaders in Financial Consultancy

  • Personal Planning
  • Pension Encashment
  • Early Retirement
  • Business Decisions
  • International Options
  • E.U Residency and tax regimes

All your Questions on Personal and Business Finances answered

Q Money Financial Consultants Ltd are Financial Consultants advising Individuals, Executives and Companies. Q Money specialise in Financial Planning, Tax Efficient solutions Retirement/Pension Exit mechanisms for Individuals, Self Employed and Company Directors in Ireland, U.K and the E.U.

Whether you want to start a financial plan, retirement plan or cash-in a Pension fund, we can advise and construct a tax-efficient model that suits your needs in Retirement. Our Experienced and Qualified Financial Advisors can help you today. 

Galway: 091-421900Cork: 021-4190009Dublin: 01-5311386

Which Service Interests you?

Your Pension Release options start here. We can help you to claim tax free cash from your pension before the age of 65. If you have a pension in a former employers scheme or you are considering early retirement options, our experienced team will focus on your individual needs, pension and retirement options.

Contact us and we will cut through all the complicated language and red tape. A highly experienced Advisor and an energetic, prompt and efficient service will be working for you TODAY.

Of course, whether you are looking to encash your private, Company or Employers pension early or you are considering redundancy options or an ill-health early retirement claim, we can assess your situation and an experienced pensions administrator will help. We will help you to understand all the Financial jargon and help you with the process of securing your pension. Log your details on the right and a Qualified Pension Advisor will be in contact you within 24 hours or simply request a review or dial the numbers below and a qualified advisor will be on your case today.  Request a Free Review or Call Today

Galway091-421900   Cork: 021-4190009Dublin: 01-5311386

If you are a member of a large private or company scheme and are being given “the run-around” on your precise entitlements or are experiencing difficulty with a pension provider or Fund Administrator, contact us now and we will take on that claim process and a Qualified Pension Advisor will help you immediately! Request a Free Review or Call Today

Galway091-421900   Cork: 021-4190009Dublin: 01-5311386

1. Firstly, request a FREE review using the form above, during which your situation will be assessed by an Independent Qualified Financial Adviser who will contact you within 24 hours. 2. If you are eligible, your appointed Independent Qualified Financial Advisor will inform you of the maximum sum you can release. If you are happy to proceed the Independent Qualified Advisor’s process of releasing your Pension will begin. 3. The Financial Advisor will complete a full fee and fund performance comparison across all regulated pension providers in Ireland. When the pension release process is complete you will receive a lump sum payment for you to do with as you wish. Request a Free Review or Call Today

Galway091-421900   Cork: 021-4190009Dublin: 01-5311386

Don’t let your UK Pension get Locked in!

The UK will leave the EU legally at the end of 2020. If you have a UK Employer or Personal Pension and now reside or intend residing in the EU in future, you need to take steps to secure future benefits, NOW.

The UK government will no longer be obliged to follow current QROP legislation between EU states. There may be withholding taxes applied to taking your pension to another jurisdiction. An Experienced International Pension Consultant is on hand to give immediate advice and set about securing your UK Pension Benefits TODAY.

You may have a private or employer pension in Ireland or the UK. There may be more tax-efficient retirement or pension access options available to you elsewhere in the EU.

Eg. Portugal and Malta have very generous treatment of Pensions from other EU states.

An experienced International Financial Consultant is available to review all of your pension options, evaluate your situation and advise on a tax fully regulated and efficient retirement pathway in each potential jurisdiction.

You may have built up a private pension fund in Ireland or be considering when, how and where you might start enjoying your money. Portugal has introduced very generous tax rates for pension income received in Portugal from other EU Countries. It may be possible to achieve NHR status and receive your pension proceeds at a flat tax rate of 10% on post Tax Free Lump sum drawdowns.

Special tax rates may also apply to certain classes of Professional Income received in Portugal.

An experienced team of International Retirement and Tax Consultants are ready to evaluate your case and guide you through the optimum International pathway in tax efficiency.

Why Malta? Malta is a respected, English-speaking financial centre with robust overseas pension scheme legislation. Malta has the unique advantage of being a member of the commonwealth, whilst having security of being a full member of the European Union. Benefits

Self Administered Pensions are available to some Professionals, Company Directors and Investors. The key attraction is that the Pensioner gets to choose their own investment assets in the fund. It is very common for people with knowledge of investment properties to acquire commercial or buy to let properties in their pensions.

There are strict Revenue and Regulatory guidelines associated with the type of property and investments which are permitted in this type of pension vehicle. An experienced Consultant will evaluate your potential investment scenario and the tax efficiency implications for you TODAY.

What’s your status?

You will have several options including:
  1. Transferring fund value to a Personal Retirement Bond.
If you’re more than 50 years of age, you may be able to subsequently withdraw tax free cash and vest the balance in a Post-Retirement Fund. 
  • You may wish to compile all of your previous Employer pensions in Personal Retirement Bonds from which you may be able to take early retirement benefits and extract tax free cash. 
  1. You may wish to transfer a previous pension to a current Employers scheme.
It may well be that you can withdraw cash from previous Employers pensions tax free while continuing to work in your current employment.  We will assess your situation and compile an action plan which illustrates all the options and compares the market for Personal Retirement Bonds and Post- Retirement funds such as ARF’s and AMRF’s. (Approved Retirement Funds and Approved Minimum Retirement Funds). The less you pay in unnecessary charges, the longer your pension fund will last! Request a Free Review or Call Today

Galway091-421900   Cork: 021-4190009Dublin: 01-5311386

I am getting closer to retirement and I wish to change fund choice and make sure I am not taking as much risk anymore. I have not as much time left to endure a possible market fall. How do I take control of my fund?  The fund choice will be dictated by the Trustees of your former Employers scheme, but why? Your best method of controlling the investment yourself may be to transfer your fund with full Revenue approval to a Personal Retirement Bond where you choose the specific funds in which you wish to invest. You may decide to take some Tax-free cash and select the specific investment funds for your Post-Retirement ARF’s / AMRF’s. Our specialist Pension Advisors will assess your pension investments, tax free cash payments and Retirement drawdown options. This will involve an examination of your state and private pension benefits and will conduct a discerning review of your Life time fund sustainability to request our assistance with a full Pre- Retirement and Post Retirement projection, please call the number below or request a review of your previous Employer pensions. Request a Free Review or Call Today

Galway091-421900   Cork: 021-4190009Dublin: 01-5311386

It sounds logical, but in practical terms, the transfer of your previous pension to the scheme of your new employer will limit your Retirement from that Fund until you retire from the new Employment.  Best advice is to keep each Occupational Pensions separate as this may allow you to take Early Retirement Options and Tax-free cash extractions from previous pensions. E.G. If you are more than 50 years of age, and have left the employment of a previous scheme, you may well be able to transfer your previous pension to a Personal Retirement Bond and Retire early from it while you continue to work with your current Employer. Tax-free lump sum of 25% of Personal Retirement Bond values are permitted by Revenue once you’re more than 50 years of age. Request a Free Review or Call Today

Galway091-421900   Cork: 021-4190009Dublin: 01-5311386

My employer is winding up and selling up and I am worried about my pension, as I left it with them when I left employment – do I need to be worried and if so what do I do? No, you do not need to worry unnecessarily but when this happens it can be more onerous on a Deferred Member or Scheme leaver to keep tabs on given personal benefits years later. Advice is needed before you make any decision as there are pros and cons to each choice. Our Advisors will assist you with advice and procedure to securing your former Employers Pension Fund in your own name through a Personal Retirement Bond with a Life Company. You may have early Retirement entitlements including a Tax-free cash payment from your Pension. To engage our assistance, please call the number below or request a free review. Request a Free Review or Call Today

Galway091-421900   Cork: 021-4190009Dublin: 01-5311386

Redundancy plans are generally published in advance by Employers. A redundancy scheme will typically offer a worker a number of levels of compensation for loss of their employment including:
  • Typically, a number of week payment per year of Employment i.e. Statutory Entitlements.
  • An Ex- Gratia payment from the Employer.
  • Access to a higher Tax-free lump sum by taking some Tax-free cash from the Pension of the Employee. 
Redundancy calculations need to be considered very carefully as the highest offer termination payment available to the Employees may include:
  • A voluntary waiver of one’s Tax-free Pension entitlements.
  • Restriction on the Employee taking maximum Tax-free cash from their pension early. (Age 50).
In simple terms, what appears to be the larger value a termination payment or “Cheque payment” on the offer day may well not be best position for the Employee long term. It may limit Early Retirement Options from that Occupational Pension Fund as a result of accepting the higher Redundancy offer If you are considering a Redundancy offer, our Advisors offer a free review of your employer’s published Redundancy payment offer. We will consider your age and further Employment / Retirement Options independently of your Employer’s offers.  Our Advisor will illustrate the best short-term redundancy offer for you and the implications it may have on final Retirement. To enlist our help with calculation your optimum Redundancy position, please call the number below or request a free review. Request a Free Review or Call Today

Galway091-421900   Cork: 021-4190009Dublin: 01-5311386

Whether you are in employment, a sole trader or a company director, we can help you develop the most tax-efficient pension solution for your retirement or assist you with encashing Pensions or restructuring your Retirement plans.  How does the Pension Review Process Work? Firstly, request a free review using our simple form on the right. Once we receive your enquiry, your situation will be assessed by a Qualified Financial Advisor/Pension Consultant within 24 hours. Assessment The Consultant will complete a full free assessment of your current pension arrangements. This includes a full range of options and comparisons including: Redundancy Proposals –                Optimize tax efficient payment. Existing Pension Values –               Exit from previous arrangements.  Previous Employers Scheme –     Tax Free Lump Sum extractions. Personal Policies or P.R.S. A’sConsolidation / Extraction from former Pension plans.  You can choose the Pension provider of your choice from our industry wide comparison We will assess the following on your behalf:
  • Policy Charges
  • Fees
  • Fund performance comparison.
Request a Free Review or Call Today

Galway091-421900   Cork: 021-4190009Dublin: 01-5311386

To seek assistance with any decision which affect your existing or former Pension Funds, you should consult our experienced Pension Advisors. They will examine all of your Pension options including maximizing Tax-Free Lump Sums and preserving long term benefits and Fund Value This assessment will involve a detailed fact find which we will conduct on your behalf.  To access this optimum benefit report and the most Tax-Free Cash from your Pension, please request a review below and we will be in contact with you in 24 hours. Request a Free Review or Call Today

Galway091-421900   Cork: 021-4190009Dublin: 01-5311386

You may establish a bespoke Pension Plan (Self-Administered Scheme) with the assistance of our Pension planner. Investment Options on Self-Administered Scheme may include;
  • Property
  • Stocks and Shares
  • Bespoke Investment classes.
Our Consultant will assist you in previewing and screening your Pension Investment Options. Request a Free Review or Call Today

Galway091-421900   Cork: 021-4190009Dublin: 01-5311386

I just started work with a new employer. They have a pension scheme in place, Should I join this or start my own PRSA or Personal Pension Plan? If the employer is willing to contribute to an existing Employers Scheme, you should join the scheme and take advantage of the benefits. You will need to decide how much your personal contributions from your salary will cost you each month. You may also consider Additional Voluntary Contributions (AVC’s) and build up a greater Pension fund with personal tax relief on your contribution. We will assist you in calculating the contributions, AVC entitlements and compare the terms and charges of your employer scheme. Request a Free Review or Call Today

Galway091-421900   Cork: 021-4190009Dublin: 01-5311386

I have asked my employers to give me a pension plan but they have refused. Can they do this? I thought that legally they had to, what do I do now? Yes, they can – some employers may not admit you to a company scheme until you have been two years in employment.  Employers are obliged to facilitate tax relief and pay-roll deduction of Contributions to a scheme which you may set up yourself. Click below to request assistance with your most tax efficient options and entitlements. Request a Free Review or Call Today

Galway091-421900   Cork: 021-4190009Dublin: 01-5311386

There are vast array of Pension plans and options available. Our Pension Consultant will review your situation and assist you with your Pension Planning process. Contact us and we respond within 24 hours. Request a Free Review or Call Today

Galway091-421900   Cork: 021-4190009Dublin: 01-5311386

I am thinking of leaving my job but I am worried what will happen to my Pension Fund?  You have several options, including:
  • Transferring to a Personal Retirement Bond   (With a Life Company).
  • Taking Early Retirement Options    (Depending on age and health).
    • Tax Free Cash Extractions    (Depending on age and circumstance).
  • Transferring to a new Employer’s scheme. 
Leaving Service or Redundancy considerations are some of the most difficult decisions to make on your own. The decisions may influence the value and access to your pension benefits later on.  Request a Free Review or Call Today

Galway091-421900   Cork: 021-4190009Dublin: 01-5311386

Depending on long term Investment objectives and ability to obtain tax reliefthe answer is a resounding YES. You should be comfortable in your Retirement decisions and Long-term objectives. You should know when, where, how and what Retirement plan suits your circumstances.  We will advise you on the most Tax efficient method of establishing your Pension Fund and getting the best value for money on Funds invested. We will compare the charges, fees and Fund Performances of all Pension Providers independently We will also examine any previous pensions you may have and advise you on consolidation of your Retirement plans. We will show you the way to maximize your Tax relief on Contributions and Tax-free cash payment from the Pension.  To avail of our assistance and guidance with a free Consultation within 24 hours, please call the number below or request a review. Request a Free Review or Call Today

Galway091-421900   Cork: 021-4190009Dublin: 01-5311386

This can happen if a Pension investor pursues a high-risk strategy without taking advice on the Investment pitfalls. There are typically a range of Investments funds available from low risk cash deposits to high risk shares and equities.  Our Specialist Pension Advisor will assist you in compiling a risk strategy that suits your age profile and Financial plan. The objective for the Sole Trader is to maximize Tax relief on your income while investing in a well-balanced Financial plan for Retirement.  There are a range of Pension plans and strategies suitable for the Self-Employed. Please call below to avail of best advice on the range of Tax efficient options available to you or request a review with our Experienced Pension Advisors.  Request a Free Review or Call Today

Galway091-421900   Cork: 021-4190009Dublin: 01-5311386

As a Self-Employed Sole Trader, or a Company Director, there are highly Tax efficient options available. In simple terms, any trading profit which you make after the deduction of genuine cost and expenses is classed by Revenue as taxable income. Tax Relief is available on any personal pension payment made up to the maximum allowed on the scale below or an overall €115,000 Net Relevant Earnings. There may be benefits to transferring your Pension abroad or examine the Pension / Tax Residency regimes of other E.U Countries. We will assist you with this process. Request a Free Review or Call Today

Galway091-421900   Cork: 021-4190009Dublin: 01-5311386

In simple terms, any Self-Employed pension payment made against income earned at the high rate of tax can receive full Tax relief at 40%. We can assist you with calculating your maximum pension payable and your optimum tax relief available. To receive assistance with your Self-Employed pension relief calculation, please call below or request your review before you finalise your personal tax return. Request a Free Review or Call Today

Galway091-421900   Cork: 021-4190009Dublin: 01-5311386

Very little, except that P.R.S.A.’s may be more cost efficient or portable between employments / contracts.  An employer who doesn’t have an official occupational scheme cannot add money to your Personal Pension but they can contribute to your PRSA. Click here and we can discuss the options further. Request a Free Review or Call Today

Galway091-421900   Cork: 021-4190009Dublin: 01-5311386

It can be the case and Brokers and Pension Providers very greatly in the charges and fees applied to Personal Plans. We will run a comparison of all the regulated Pension Providers in the market for any new plan or top up Pension payment. We will consider any existing plan you may have and the schedule of charges and fees you are paying at present. We will compare them to current offering on the market and calculate the maximum amount that you can contribute at the lowest and most competitive management charges and fees. Call the number below or request a review and we will be in touch within 24 hours. Request a Free Review or Call Today

Galway091-421900   Cork: 021-4190009Dublin: 01-5311386

Impartial advice and a thorough comparison is the hallmark of our specialist Pension service. We will always complete a comprehensive fact find on your individual situation. We will be seeking the most affordable and Tax efficient mechanism available to you. Our search takes in all of the Pension Providers in the market and examines their detailed costs and fees (including hidden charges). We assess the independently reported performance of their Investment funds under each risk category over at least the last 5 years.  It is essential that you get value for money and that the maximum amount of your contributions is invested in your retirement plan. To get the assistance of our experienced Pension planner and evaluation process, please call the number below or request a review. Request a Free Review or Call Today

Galway091-421900   Cork: 021-4190009Dublin: 01-5311386

This will vary depending on your Personal or Business earnings as well as your age and your Pension history. Our experience Pension Consultants will consider any trading accounts that you may have and ensure that your full pension entitlements are calculated in a prompt and Tax efficient manner. To request assistance with your Pension eligibility calculations, please call the number below or complete a request for a full pension review.  Request a Free Review or Call Today

Galway091-421900   Cork: 021-4190009Dublin: 01-5311386

Of course, Tax relief can be obtained on the Pension payments which have the effect of reducing your Income tax or Corporation tax bill. We specialise in optimizing the Pension Contributions while complying with all Revenue and Regulatory provisions. Your objective is to minimize your tax payment while increasing your Pension Contributions and Entitlements. We will assist you in maximizing your tax-free cash at Retirement. To achieve the optimum pension provision in the most tax efficient fashion, please call the number below or request a review. We will be on your case within 24 hours.  Request a Free Review or Call Today

Galway091-421900   Cork: 021-4190009Dublin: 01-5311386

In simple terms, any Self-Employed pension payment made against income earned at the high rate of tax can receive full Tax relief at 40%. We can assist you with calculating your maximum pension payable and your optimum tax relief available. To receive assistance with your Self-Employed pension relief calculation, please call below or request your review before you finalise your personal tax return. Request a Free Review or Call Today

Galway091-421900   Cork: 021-4190009Dublin: 01-5311386

You could, but you may have more tax efficient options.  You may also have access to Early Retirement Benefits including Tax Free Cash from age 50 by choosing a Company Pension Plan or an Executive Pension Plan. The scale of Pension Contribution permitted by Revenue on behalf of Company Directors and Executives is several times the amount allowed to Personal Pension Plans. The tax relief available to Company Directors through Occupational Schemes funded by employer and employee is therefore a greater percentage of income than through personal plans.  See Occupational Pension Funding limits below.    To ensure that you have the Maximum approvable retirement benefit from your company and Executive scheme, please request a call back or select a review below. Our Consultant will be back to you within 24 hours.  Request a Free Review or Call Today

Galway091-421900   Cork: 021-4190009Dublin: 01-5311386

There are broadly similar benefits but the mechanics can be different. It is important to be contributing to the Maximum Funding and Tax Relief Model available. Call the number below or request a free review.  Request a Free Review or Call Today

Galway091-421900   Cork: 021-4190009Dublin: 01-5311386

It is possible to purchase property through a Self- Administered Pension Plan (SSAS). There are extremely positive benefits available through this method of Pension Administration. These include the accrual of Rents and Investments returns tax free within a Self- Administered Pension Trust and the legal avoidance of Capital Gains Tax on the Investment Gains of the Pension Fund within the SSAS.  This is a very specialised area that requires Trusteeship, Tax Relief and Pension Regulations. Call the number below or request a review with an Experienced Advisor within 24 hours. Request a Free Review or Call Today

Galway091-421900   Cork: 021-4190009Dublin: 01-5311386

You can provide Death- in- Service Benefits and Income Protection to yourself or key Employee’s in a Tax efficient manner. Contributions to these benefits through an Occupational Pension Scheme are deductible reliefs and are available to your Company / Employer. For a full outline of the benefits and Tax Reliefs available, call the number below or request a free review. Request a Free Review or Call Today

Galway091-421900   Cork: 021-4190009Dublin: 01-5311386

There is a broad array of affordable options. A small outlay can have a big effect on Company loyalty and morale. It’s a win-win as the Employees will be getting Benefits which they may not otherwise afford and the company will receive full tax relief against Corporation Tax on all benefits provided though the Pension Scheme. Call the number below or request a review with our Consultant. We will assist you with a full free outline of the affordable and eligible benefit options for your Employees. Request a Free Review or Call Today

Galway091-421900   Cork: 021-4190009Dublin: 01-5311386

Depending on the number of employees, you may be required to provide a minimum access to a Group P.R.S.A or Pension Scheme. Typically, Employers may have a basic scheme available for general staff after a minimum period of service. Executive Pension Plans may be available to management or key employees.  There are many considerations, cost and regulatory implications to providing Pension Benefits to a large group of Employees with varied skills and income levels.  We will assign you an experienced Pension Planner who will examine all of the options available to your company including a compliance check on the Regulatory, Revenue and Trustee arrangements put in place. To access a high-level Pension Consultant, experienced in establishing multi- level Company and Executive Schemes, please call the number below or request a review within 24 hours.  Request a Free Review or Call Today

Galway091-421900   Cork: 021-4190009Dublin: 01-5311386

In simple terms, any Self-Employed pension payment made against income earned at the high rate of tax can receive full Tax relief at 40%. We can assist you with calculating your maximum pension payable and your optimum tax relief available. To receive assistance with your Self-Employed pension relief calculation, please call below or request your review before you finalise your personal tax return. Request a Free Review or Call Today

Galway091-421900   Cork: 021-4190009Dublin: 01-5311386

If you are a high earning Executive in a company scheme and have not fully thought through your Earnings to Tax Free Optimisation or your Retirement Plans, then you should contact us.  Your options are extensive in terms of maximising the amount you can contribute to a Pension and the qualifying tax relief available. You may be also able to take Retirement benefits early (Tax free cash from age 50) from previous employments or consolidate benefits in a tax efficient exit or Redundancy arrangement. Request a Free Review or Call Today

Galway091-421900   Cork: 021-4190009Dublin: 01-5311386

You may look at your future lifestyle or Retirement plan or be the owner or tenant of a property in another E.U Country. E.G. in Portugal or Malta, where your income or Pension could be subject to a more advantageous tax treatment than in Ireland, subject to their residency rules and regulations. A good advance income-Tax and Retirement strategy is essential and this should reflect your future lifestyle and Retirement plans.  Contact us today and we will advise you in consultation with our Regulated Irish Financial Advisors, Servatus* on your best options in Ireland. We will also prepare aa bespoke plan for you which will illustrate and examine the legal, viable and practical pathways available which will optimize your Tax and Retirement positions in Ireland, U.K or the E.U.  Request a Free Review or Call Today

Galway091-421900   Cork: 021-4190009Dublin: 01-5311386

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