Review your Pension

Regularly reviewing pensions ensures alignment with evolving financial goals, maximizes returns, manages risks, and keeps individuals informed about market opportunities and regulatory changes for a secure and comfortable retirement. Getting a quote is the first step in your journey! Answer a few questions and wait for one of our Advisors to contact you!

Why do I need to review my Pension?

Frequently evaluating your pension is essential to ensure it matches your changing financial objectives. Regular reviews, usually done yearly, enable you to evaluate investment performance, modify contributions to adapt to evolving situations, and stay updated on pension regulations. By consistently assessing your pension, you can improve asset allocation, evaluate risk tolerance, and make necessary changes to maintain a strong retirement plan aligned with your goals. Additionally, regular pension reviews allow you to take advantage of market opportunities, address potential shortcomings, and make informed decisions for a secure and comfortable retirement.

Financial Security

Regularly reviewing your pension funds helps ensure your financial security in retirement by assessing whether your savings are on track to meet your retirement goals. It allows you to make adjustments as needed to ensure you have enough funds to support your lifestyle after retirement.

Maximise Results

Reviewing your pension funds allows you to assess the performance of your investments and make changes to maximize returns. By monitoring the performance of your funds, you can identify underperforming assets and reallocate your investments to potentially higher-performing options, helping you grow your retirement savings more effectively.

Manage Risks

Reviewing your pension funds helps you identify and manage risks associated with your investments. By regularly assessing your portfolio, you can ensure it remains diversified and aligned with your risk tolerance and investment objectives. It allows you to adjust your investment strategy to mitigate potential risks and protect your retirement savings from market downturns or other financial uncertainties.

Make informed decisions

Reviewing your pension funds keeps you informed about changes in the financial markets, economic conditions, and regulatory developments that may impact your retirement savings. It allows you to stay proactive and make informed decisions about your investments, ensuring you are well-prepared for any changes or challenges that may arise in the future.

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LowQuotes.ie
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Zahia H.
Zahia H.
I recently completed the purchase of my new home and just picked up the keys today! I couldn’t have done it without the incredible support of Bernadine.From start to finish, she made the mortgage process smooth and stress-free. Always professional, responsive, and clear in her communication, she helped me navigate every step with confidence. I truly appreciated her patience and guidance throughout.Highly recommend their services to anyone looking for expert mortgage advice and outstanding support!
Response from the owner: Hey Zahia,We’re delighted to hear about your positive experience with Bernadine – and huge congratulations on your new home! 🎉 It’s great to know she was able to support you every step of the way and make the mortgage journey smooth and stress-free.We always aim to provide clear, professional guidance, so your feedback means the world to us. If you ever need anything in the future, we’re just a call away.Best Regards,LowQuotes Team
Daniel K.
Daniel K.
Neil O' Brien recently guided me through the process of securing mortgage protection and couldn't have made it any more straightforward.Neil was friendly, knowledgeable and meticulous in the dealings that I had with him. I was impressed with how responsive Neil was with any follow up queries that I had.I would highly recommend Neil and Low Quotes to any person organising mortgage protection and other forms of life insurance based on the positive experience I have had.
Response from the owner: Hey Daniel,We’re delighted to hear about your positive experience with Neil. It’s great to know he was able to guide you through the mortgage protection process with such clarity and attention to detail. We aim to make every step as smooth and straightforward as possible, so your kind words mean a lot to us!If you have any further questions or need assistance in the future, don’t hesitate to reach out.Best Regards,LowQuotes Team
Harry M.
Harry M.
I took out an Income Protection policy this week, great service from start to finish, Cormac was very professional and was able to get me a good quote quickly having offered me advice on which company would be best for me
Response from the owner: Hey Harry,We’re delighted to hear about your positive experience with Cormac. It’s great to know he was able to offer you clear advice and secure a good quote for your Income Protection policy so quickly. We aim to make the process smooth and straightforward, so your feedback really means a lot to us! If you have any questions or need help in the future, don’t hesitate to reach out.Best Regards,LowQuotes Team
Kathleen S.
Kathleen S.
Shaun was very helpful and very easy to talk to and explained everything very well
Response from the owner: Hey Kathleen,We’re delighted to hear about your positive experience with Shaun. It’s great to know he was able to explain everything clearly and make the process easy to follow. We aim to keep things simple and understandable for everyone, so your feedback means a lot to us! If you have any further questions or need assistance down the line, don’t hesitate to reach out.Best Regards,LowQuotes Team
Patrick
Patrick
I was chatting to shaun young today from low quotes in regards of private health insuranceand he went into Great details about my concerns in regarding private health insurance I don't think I could have spoke to anyone that was so knowledgeable about this matter sometimes you wake up in the morning being concerned about certain things in regards of your health but after speaking to Shaun he put my mind completely at ease after getting off the phone to him I will spend a more relaxed day knowing that I don't have as much to worry about as I've thought I had. shaun was just a delight and pleasure to talk to and I will definitely be passing on this information to others that has concerns and I will be passing on the low quotes website to my friends knowing that there is someone on the phone that will talk to you and put you at ease so thank you from the bottom of my heart to Shaun and all the people at low quotes thank you very much for such a pleasurable experience on the phone and I recommend anybody with any concerns get in touch with any of the guys from low quotes I highly recommend them
Response from the owner: Hey Patrick,We’re so glad to hear about your positive experience with Shaun. It’s great to know he was able to answer all your questions and put your mind at ease — that’s exactly the kind of support we aim to provide. Your kind words mean a lot to Shaun and the whole team here at LowQuotes. Thank you so much for recommending us and for sharing your experience with others. If you ever need anything else or have more questions in the future, we’re just a phone call away.Best Regards,LowQuotes Team
Ritchel P.
Ritchel P.
I recently had the pleasure of dealing with Neil of LowQuotes.ie for our Mortgage Protection insurance. Everything was straightforward and he made sure that he answers all my questions. He made sure that we get a cover in all aspects without being too pushy so he provided us with options that we can consider. In the end, we still got a good cover that’s within our budget. He was very knowledgeable and made this insurance hunting for us like a walk in the park.
Response from the owner: Hey Ritchel,We’re delighted to hear about your positive experience with Neil. It’s great to know he made everything straightforward and helped you find the right cover without any pressure. We always aim to make the process clear and easy, so your feedback really means a lot. If you have any questions down the line or need anything else, don’t hesitate to reach out.Best Regards,LowQuotes Team
Theresa V.
Theresa V.
We would just like to show our appreciation for the brilliant service & advise from Aoife Morgan.We are extremely happy with all that Aoife had to offer us i.e. the best quotations and available options.We are delighted with our choice, by getting all additional information needed, speedy feedback & all the value added from Aoife.Aoife are highly recommended, especially regarding her competency, efficiency & excellent communication skills.Thanks you very much & much appreciated.Theresa & Aubrey Staples
Response from the owner: Hey Theresa & Aubrey,We’re delighted to hear about your positive experience with Aoife Morgan. It’s great to know she was able to provide the best quotations, clear advice, and quick feedback to help you make the right choice. We really appreciate you highlighting her competency, efficiency, and excellent communication. That’s exactly the standard we aim for every time.If you ever need anything else or have any questions in the future, please don’t hesitate to reach out.Best Regards,LowQuotes Team
Rishi R.
Rishi R.
I had the pleasure of dealing with Aoife Morgan regarding my life insurance, and I can confidently say she made the entire experience smooth, honest, and reassuring.She was incredibly patient throughout the process — never rushed me, always listened, and helped me understand all the options available. She guided me toward a life insurance plan that fits my budget, yet still gives my family solid protection for the future.Aoife also offered genuine advice and took the time to answer all my questions, even when I was unsure or needed clarity more than once.I truly appreciated her professionalism, kindness, and calm approach. I wish her continued success and prosperity — and would absolutely recommend her to anyone looking for insurance advice or support. She’s a real credit to her team and clients.Thank you, Aoife.
Response from the owner: Hey Rishi,We’re thrilled to read your thoughtful review, thank you so much for taking the time to share your experience with Aoife Morgan. It’s fantastic to hear how her patience, clear advice, and genuine care made arranging your life insurance smooth and reassuring.We’re especially glad you felt fully informed and supported every step of the way, that’s exactly the standard we strive for. We’ll be sure to pass on your kind words to Aoife, she’ll be delighted!If you ever need any further help or advice, please don’t hesitate to reach out.Best Regards,LowQuotes Team
Joan S.
Joan S.
I found Shaun to be very helpful in answering all my questions and explaining everything to me.
Response from the owner: Hey Joan,We’re delighted to hear about your positive experience with Shaun. It’s great to know he was able to answer all your questions and explain everything clearly. We aim to make the process as smooth and understandable as possible, so your feedback means a lot to us! If you have any further questions or need assistance in the future, don’t hesitate to reach out.Best Regards,LowQuotes Team
Wesley S.
Wesley S.
Bernadine was exceptionally helpful. She provided guidance and support at every stage of our mortgage application. I've already recommended her to friends and family, and would highly suggest anyone looking for a new mortgage, or to change an existing mortgage, reach out to Lowquotes.
Response from the owner: Hey Wesley,We’re delighted to hear about your positive experience with Bernadine. It’s great to know she was able to guide and support you through every stage of your mortgage application. We really appreciate you recommending us to your friends and family — that means a lot! If you ever need any further assistance or have questions in the future, don’t hesitate to reach out.Best Regards,LowQuotes Team
James K.
James K.
Aoife guided us all the way. Very informative along with her sunny disposition even though we were discussing life (death) cover. Will check in with her again when we need other cover.
Response from the owner: Hey James,We’re delighted to hear about your positive experience with Aoife. It’s great to know she guided you so well and made the process informative and pleasant, even when discussing something as serious as life cover. We really appreciate your trust and look forward to helping you again when you need other cover in the future.Best Regards,LowQuotes Team
Aoife O.
Aoife O.
Niamh was very helpful and efficient. Made the whole process easier than expected and answered all questions thoroughly.
Response from the owner: Hey Aoife,We’re delighted to hear about your positive experience with Niamh. It’s great to know she was able to make the whole process easier and answer all your questions clearly. We aim to make everything as smooth and understandable as possible, so your feedback means a lot to us! If you have any further questions or need assistance in the future, don’t hesitate to reach out.Best Regards,LowQuotes Team
Caitlin C.
Caitlin C.
Colin was helpful, friendly, knowledgeable and professional. He made the process of applying for life insurance which I've been avoiding for months, a very simple, painless experience. I highly recommend asking for Colin if you're seeking similar cover.
Response from the owner: Hey Caitlin,We’re delighted to hear about your positive experience with Colin. It’s great to know he was able to explain everything clearly and make the process of applying for life insurance simple and stress-free. That’s exactly the kind of service we aim to provide!Thanks so much for your kind words and for recommending us—if you need anything else down the line, don’t hesitate to reach out.Best Regards,LowQuotes Team
Charlena M.
Charlena M.
Colin was lovely to work with. Made the process very easy
Response from the owner: Hey Charlena,We’re delighted to hear about your positive experience with Colin. It’s great to know he made the process easy and enjoyable for you. That’s exactly what we strive for at LowQuotes!Thanks for taking the time to leave a review—if you ever need anything else, we’re just a call away.Best Regards,LowQuotes Team
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Start a Retirement Planning today and secure the future of your dreams!

Planning for retirement is a significant milestone. Whether you’re just starting to think about retirement or are already well into your retirement journey, this guide will help you make informed decisions and create a retirement plan that aligns with your financial goals. And it’s totally FREE! Don’t wait, download now!

Your journey towards financial freedom starts here!

After you download your guide, one of our expert Financial Advisors will be in touch shortly to provide you with guidance and further relevant information to build you a customised retirement plan.

Start your journey today. Take the first step to achieve all your financial goals.

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How often should I review my Pension?

Reviewing your pension plan’s frequency depends on several factors such as age, financial objectives, and market conditions. As a general guideline, conducting a thorough review annually allows you to monitor its performance and make any necessary adjustments. Additionally, significant life events like marriage, parenthood, career changes, or receiving a lump sum inheritance may prompt additional reviews to ensure your retirement strategy remains aligned with your evolving goals.

As retirement approaches, it’s advisable to increase the frequency of reviews, particularly five years before retirement, to ensure your pension plan adequately meets your income needs and objectives. Keeping an eye on market changes and inflation is also crucial. Significant shifts in market conditions or economic trends may necessitate revisiting your pension plan to ensure it continues to meet your expectations. Moreover, considering the impact of inflation on your estimated monthly pension and assessing whether increased earnings allow for higher pension contributions can further optimize your retirement savings.

What to keep in mind when reviewing your Pension.

Reduced Charges

Over the last 15-20 years, pension plans have developed immensely, and one of the main changes is that much lower charges exist with modern pensions. These charges have a direct impact on your returns & benefits you receive from your fund.

Consider Inflation

If you started your pension several years ago. Due to inflation, would your estimated monthly pension be enough in today’s money? Enough to cover any bills you may still have after you retire? Are you now earning much more than when you started your pension and can afford to pay more into your Pension and gain additional tax benefits while growing your pension pot?

Save “half of your age” Rule

As a very rough rule of thumb, you should be aiming to save “half your age” percentage-wise. So at age 40, you should be saving 20% of your income into a pension. So if you haven’t reviewed your pension recently, you might need to increase what you’re paying.

Regular Premiums

Regular premiums are much easier to bear. It can be very challenging for self-employed people to find the spare cash to make annual contributions to their pension at the same time as they’re faced with their tax bill. Smaller balancing contributions at the tax deadline can be easier.

Don’t rely only on the State Pension

The maximum state pension is currently 277.30 per week. Also, the state pension age is rising. For people due to retire in 2028 onwards, they won’t receive a state pension until age 68. So you’re looking at low benefit levels and also now waiting longer for them to start.

Still need more information? Let us help you plan your dream retirement. Send us a message or freephone us on 1800-828-800.

Your Questions Answered

We’re living longer than previous generations. Upon retirement, on average we will have 20-30 years of retirement. A pension plan will make sure you’re financially sound for these years. Whether you wish to travel, retire to the country, or spend time with your children & grandchildren.

The amount you will receive per month entirely depends on how much you’re willing to pay per month, the length of time you’ve been making contributions, the type of pension plan and its investment return. You can also choose to receive a lump sum upon retirement or not.

As of today, the State Contributory Pension is about €240 per week. For most people, during their 20-30 years of retirement, this simply isn’t enough. When you pay into a pension plan, you will receive both the state pension (If available to you) and your Pension Plan.

Tax relief reduces the actual cost of your pension. You do not have to pay tax on money that you put into a personal pension (This falls within the limits set out below). This is calculated at the highest rate of tax you pay (Currently 20% / 40%)

Example:
Monthly contribution = €100
Tax Relief (40%) = €40
Cost to you = €60

Warning: Past performance is not a reliable guide to future performance.      

Warning: The value of your investment may go down and up.      

Warning: If you invest in this product, you will not have any access to your money until you retire.   

Warning: If you invest in this product, you may lose some or all of your investment.     

Warning: This product may be affected by changes in currency exchange rates. 

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Coronavirus Covid 19 Information

We would like to assure our customers that although this Worldwide Pandemic has struck our Nation hard, we are still here for our new and existing customers. All phone calls and emails will be dealt with accordingly.

In the unfortunate circumstance that a customer contracts COVID-19 and dies, our life policies would pay out in line with our usual claims philosophy.

All Consultations will be held by Phone or Online via Computer/Smart Device to remove face-to-face interactions and keeping in line with social distancing guidelines recommended by the Government.

We at Lowquotes.ie hope you, your family and your loved ones stay safe & healthy in this time.