Personal Pension
Because you are self-employed, it’s up to you to provide for your own future in retirement. A Personal Pension enables you to build up a fund to provide an income for your retirement, while benefiting from generous tax savings (up to 41% for a higher rate income tax payer) on contributions to your pension plan.

*Based on a 25 year old, with salary of €30k p.a. investing €60 per month in IRIS 2048-2049. Assuming growth of 6% and premium indexation at 3%. Including 5% premium charge and 1% Annual Management Charge. Assuming normal retirement age of 65. These figures are estimates only, they are not a reliable guide to the future performance of this investment.
Personal Pension – Benefits to you
- Generous tax relief (up to 41%**) on savings to your pension plan.
- Fund grows tax-free.
- Tax-free lump sum at retirement.
- Flexibility – you can increase / decrease your contributions to suit your personal circumstances.
- Range of funds to choose from so you can pick the option that’s right for you.
- Maintain a comfortable standard of living in retirement.
**Assuming higher rate tax payer. Tax relief is not automatically granted you must satisfy the Revenue terms and conditions.
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