Start a Private Pension in Ireland Today!

A pension is one of the most important financial decisions you’ll ever make.
Private pensions help bridge the gap between the State Pension and your future needs, protect your savings against inflation, and secure financial support for your loved ones.
Take the first step today, get expert advice, compare PRSA and employee pension options, and find the plan that’s right for you.

How do I start a Pension?

Starting a pension in Ireland may feel complex, but it’s a tax-efficient way to grow your retirement savings. At LowQuotes, our advisors make it simple. We’ll review your current financial situation, risk tolerance, and retirement goals, then match you with the best PRSA or employee pension options available.

You’ll learn the pros and cons of each plan, understand potential tax relief benefits, and get expert guidance on investment strategies, whether conservative, balanced, or growth-focused. Once you decide, we’ll handle the paperwork and set everything up so you can start building your pension with confidence.

When is the best time to start a Pension?

The best time to start a pension is right now. Delaying this crucial financial decision can significantly impact your retirement savings. Starting as early as possible allows your investments to grow over time, potentially providing you with a more substantial pension fund when you retire. The power of compounding interest and time is on your side, making today the best moment to begin securing your financial future in preparation for retirement.

Google Reviews

LowQuotes.ie
4.9
Based on 1480 reviews
Karen P.
Karen P.
Rebecca was very helpful and informative and easy to deal with, she explained the whole process in detail and followed up regularly, thanks for making it easy Rebecca
SarahJane M.
SarahJane M.
We worked with Aoife, who helped us navigate setting up our Life Insurance for our new home. Aoife was amazing! Throughout the whole process she was really informative, worked around our schedules and always followed up promptly with any questions we had. She found us the right policy for us and got everything set up in record time.
Clodagh L.
Clodagh L.
Shaun was very pleasant and informative on the phone discussing healthcare plans and offering advice on the most suitable form of cover!
Response from the owner: Hey Clodagh,We’re delighted to hear about your positive experience with Shaun. It’s great to know he was able to explain everything clearly and offer helpful advice on the most suitable healthcare cover for you. 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
Seamus L.
Seamus L.
Ross Kerwin was a great help to us. He laid out everything is easily relatable terms and answered all our questions . He went above and beyond to get us the best deal which we greatly appreciated. We wouldn’t hesitate for a second to recommend him and Low Quotes.
Response from the owner: Hey Seamus,We’re delighted to hear about your positive experience with Ross. It’s great to know he was able to explain everything in clear, relatable terms and go above and beyond to secure the best deal for you. 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
Adam R.
Adam R.
Rebecca was great from start to finish!
Response from the owner: Hey Adam,We’re delighted to hear about your positive experience with Rebecca. It’s great to know she was able to support you from start to finish and make the process smooth. 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
Stephen D.
Stephen D.
Spoke to a very friendly and helpful guy, Ross Kirwan was a real gentleman and helped me with the process which was quick and pain free.
Response from the owner: Hey Stephen,We’re delighted to hear about your positive experience with Ross. It’s great to know he was able to guide you through the process and make it quick and stress-free. We aim to keep things as smooth and simple as possible, so your feedback means a lot! If you have any further questions or need assistance in the future, don’t hesitate to reach out.Best Regards,LowQuotes Team
Mohamed N.
Mohamed N.
Ross has been absolutely brilliant from day one. He’s super easy to chat with, explained everything in a way that made sense, and was always quick to reply to our emails. Having him guide us through the mortgage protection side of things from July to mid-August really took a lot of the stress out of the process. We felt really looked after. Thanks again, Ross!
Response from the owner: Hey Mohamed,We’re delighted to hear about your positive experience with Ross. It’s great to know he was able to explain everything clearly and make the mortgage protection process smooth and stress-free. We always aim to take the pressure off and make things easy to understand, 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
Philson T.
Philson T.
I delt with Ross. He was very helpful and supportive and easily reachable. I very much recommend him.
Response from the owner: Hey Philson,We’re delighted to hear about your positive experience with Ross. It’s great to know he was helpful, supportive, and easily reachable throughout the process. We aim to make everything as smooth and straightforward as possible, so your recommendation 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
nicole M.
nicole M.
Aoife Morgan was spectacular, such a great help and made the whole process stress free.
Response from the owner: Hey Nicole,We’re delighted to hear about your positive experience with Aoife. It’s fantastic to know she was able to make the whole process stress-free and provide such great support. We always strive to keep things simple and smooth for our clients, so your feedback means a lot to us! If you need any further assistance in the future, please don’t hesitate to reach out.Best Regards,LowQuotes Team
Andrea G.
Andrea G.
We had a great experience with Rebecca. She was very kind and patient with us, always available when we contacted her and very helpful if we had any doubts
Response from the owner: Hey Andrea,We’re delighted to hear about your positive experience with Rebecca. It’s great to know she was kind, patient, and always available to help whenever you had questions. We aim to make the process as smooth and supportive as possible, so your feedback means a lot to us! If you ever need further assistance in the future, please don’t hesitate to reach out.Best Regards,LowQuotes Team
Cathy M.
Cathy M.
Rebecca was an absolute pleasure to deal with. She took the time to clearly explain every detail of our policy, making sure we understood and got the coverage we truly needed. On top of that, she secured us a fantastic deal on our life insurance, significantly better than what we had with our previous provider. Knowledgeable, patient, and genuinely helpful,Rebecca made the whole process stress free.
Response from the owner: Hey Cathy,We’re delighted to hear about your positive experience with Rebecca. It’s great to know she took the time to explain everything clearly and helped you secure such a fantastic deal on your life insurance. We always aim to make the process stress free and ensure our clients feel confident with their coverage, so your feedback means a lot to us! If you need anything further down the road, don’t hesitate to get in touch.Best Regards,LowQuotes Team
Chloe M.
Chloe M.
Dylan was an absolute pleasure to deal with. Every step was explained perfectly and Dylan was patient in allowing me to ask questions on anything I was unsure of. I would highly recommend, and I already have, several times! Thank you so much again.
Response from the owner: Hey Chloe,We’re delighted to hear about your positive experience with Dylan. It’s great to know he explained everything clearly and took the time to answer all your questions with patience. We really appreciate your recommendations – word of mouth is so valuable to us! If you need any further support in the future, we’re always here to help.Best Regards,LowQuotes Team
Niamh M.
Niamh M.
Ross Kirwan was extremely helpful guiding me in the right direction with life insurance. He was very knowledgeable with the information he provided and also very patient with explanations. He made the whole process swift and stress free. Thank you
Response from the owner: Hey Niamh,We’re delighted to hear about your positive experience with Ross. It’s great to know he guided you so well through the life insurance process and made everything clear, smooth, and stress free. Your feedback means a lot to us, and we’re so glad Ross could support you in finding the right cover. If you need any assistance in the future, don’t hesitate to reach out.Best Regards,LowQuotes Team
Samuel I.
Samuel I.
Cormac Logue has been immensely helpful for us in securing a policy. He is professional and knowledgeable. Thank you Cormac.
Response from the owner: Hey Samuel,We’re delighted to hear about your positive experience with Cormac. It’s great to know he was able to guide you with professionalism and knowledge while securing your policy. We aim to make the process as smooth and supportive as possible, so your kind words mean a lot. If you have any questions in the future, don’t hesitate to reach out.Best Regards,LowQuotes Team
Ashley F.
Ashley F.
I had the pleasure of speaking with Rebecca,what a gorgeous person she was.She went above and beyond of explaining everything to me about my life insurance policy and I was very happy with her.she is an asset to you company.Thank you Rebecca 😊
Response from the owner: Hey Ashley,We’re delighted to hear about your positive experience with Rebecca. It’s wonderful to know she went above and beyond in explaining everything about your life insurance policy and made the process so reassuring for you. She’s indeed a valued member of our team, and we’ll be sure to pass on your kind words. If you ever need anything in the future, don’t hesitate to get in touch.Best Regards,LowQuotes Team
Conor M.
Conor M.
Rebecca was excellent to deal with. She gave really good advice, was very kind and patient with us, responded quickly and clearly to all of our queries, and made the process as smooth as I could have hoped.
Response from the owner: Hey Conor,We’re delighted to hear about your positive experience with Rebecca. It’s great to know she provided clear advice, was patient, and made the whole process smooth and straightforward for you. We’re proud to have her on our team, and we’ll be sure to share your kind words with her. If you have any further questions or need assistance in the future, don’t hesitate to reach out.Best Regards,LowQuotes Team
Andreea G.
Andreea G.
From the first call Bernadine has been an absolute please to talk to. Such a warm and knowledgeable person.I've started doing the mortgage process by myself and i got a bit lost in the process but Bernadine has put me back on the right path and even though she hasn't been my broker she has been my angel. Her words and information have put my mind at ease and gave me the confidence to keep going and stay calm and wait for the bank to come through.I am and i will always recommend Bernadine to everyone that plans to buy a house. She will definitely go beyond to help you and she will be there for you every step of the way.
Response from the owner: Hey Andreea,We’re so delighted to read your kind words about Bernadine. It’s wonderful to hear how she was able to guide you, ease your worries, and give you the confidence to continue through the mortgage process. Even when the journey feels overwhelming, our goal is always to make it clearer and more reassuring, and Bernadine truly shines at that. Thank you for your recommendation, it really means a lot!Best Regards,LowQuotes Team
Emma C.
Emma C.
Myself and my partner had a great experience with Aoife! We didn’t have the most straight forward application but she made it as easy as possible for us and explained everything along the way. Would highly recommend Aoife!
Response from the owner: Hey Emma,We’re delighted to hear about your positive experience with Aoife. It’s great to know she guided you and your partner through a tricky application, making everything as smooth and understandable as possible. Your recommendation means a lot to us, and we’ll be sure to pass on your kind words to Aoife!Best Regards,LowQuotes Team
js_loader

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.

Meet our Team of Expert Advisors

Have a Strategy for each stage of your life.

Navigating the world of pensions can be a daunting task, as the landscape varies depending on the stage you find yourself in on your pension journey. Whether you are just beginning to contribute to a pension fund, nearing retirement, or somewhere in between, each stage brings its own set of challenges and opportunities. It’s crucial to approach the process with diligence and seek guidance from our financial advisors, ensuring that your pension strategy aligns with your unique financial situation and goals.

Starting in your 20’s

Starting your pension in your 20s is crucial for a secure and satisfying retirement. Beginning early lets you establish clear goals and learn about pension basics. Understanding these fundamentals and exploring investment options empowers you to make informed decisions, ensuring long-term growth and a comfortable retirement.

Starting in your 30’s

Starting your pension in your 30s is a smart step toward securing your financial future. It’s crucial to create a detailed financial plan and realistic budget for effective pension management. Taking advantage of employer contributions is key during this time, while also making the most of time and tax benefits to boost your pension fund’s growth potential. This sets a strong foundation for a comfortable retirement later on.

Pension in your 40’s

The Pension journey in your 40s means assessing your finances and reviewing retirement goals strategically. It’s essential to optimize asset allocation for a diversified investment strategy. Increasing contributions annually can maximize growth potential and strengthen your pension portfolio. These actions in your 40s pave the way for a more secure and prosperous retirement

Pension in your 50’s

While in your 50s is important to focus on securing your financial future. It’s crucial to maximize pension contributions for a strong retirement fund. Review and optimize your investment portfolio for balance and growth. Additionally, locate any old pensions to manage your assets better. Reassess your mortgage strategy to align with retirement goals. Addressing these aspects in your 50s enhances the strength and stability of your pension for a more comfortable retirement.

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

As soon as possible. The money that you pay into your pension grows over time. It’s quite simply Time x Money. The sooner you start paying in; the more money will be available to you upon retirement.

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

If you have to retire because of medical reasons and you get Revenue approval, you can receive your benefits from your Pension immediately.

If you unfortunately pass away before you retire, your Pension will be paid to your estate.

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. 

You may also be interested in...​

Follow us on Social Media

Follow us on social media to stay in the loop with exclusive content that will help you achieve your financial goals.

Career opportunities at LowQuotes.

Here at LowQuotes, we want to ensure that our clients receive the highest standards of service.  If you have a passion for connecting with people and aspire to thrive in a culture built on trust, integrity, dedication, and excellence, this could be the perfect fit. 

No Fields Found.
insurance advisor

Quick Call Back

Enter your details below and a Financial Advisor will call you back promptly.

Contact Info

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.