We regularly post new articles sharing our thoughts, interests, and expertise on a wide variety of financial planning topics.

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Anxious About Retirement?

In the past two decades, our working lives have undergone a huge shift. The rapid advancement in technology has changed the boundaries of the workplace. Remote work, once a rare privilege, has become commonplace. The...

How Much Do I Need to Retire?

Many people in Ireland worry that they won’t have enough money to retire, and research shows that these concerns are well founded. According to the CSO the number of working people aged 25-69 that have...

Dying Tidily: Ensure Your Affairs Are In Order

What do Aretha Franklin and Prince have in common, apart from being very talented singers, songwriters, and musicians? Well, they both died intestate (without a legal will), leaving a very complicated and difficult situation behind...

Farewell from Ray McNicholas

At the end of 2023 I officially left Everlake and Financial Services. I am keen not to use the word ‘retired’, as I plan to keep working for at least another ten years! It’s the...

Forecasting the Financial Future

Come January, I traditionally mock the Financial Journalist’s annual requests for forecasts of the year ahead by Financial Advisors. There are many suitable responses to this annual charade, some of my personal favourites include: “Pundits...

A Financial Review of 2023

A year ago, we were reflecting on the challenging year of 2022 for investors. Reflecting on the last twelve months, the story is more positive. The expectation that inflation was coming under control and the...

Extracting Wealth From Your Business

Extracting wealth from a business is a subject that frequently exercises the minds of the owners, as they weigh up the pros and cons of the various routes available to them. While specialist tax advice...

Reduce Your Tax Bill When Exiting Your Business

When exiting your business, it’s critical to get specialist tax advice. A tax advisor will examine the circumstances relating to your specific situation. They can also help you to make maximum use of any reliefs...

Boosting Your Retirement Income

Business owners sometimes come to us as retirement is starting to emerge over the hill. They’re concerned that they haven’t enough put aside for their later years. This might be because they didn’t plan far...

Losing a Key Person in Your Business

Challenges for Business Owners As a company owner or partner, you’re constantly juggling various aspects of your business to ensure its success. From day-to-day operations to financial management and customer satisfaction, the challenges are endless....

Moving to Ireland? But Where Do You Plan to Die?

At Everlake, we’ve built up a niche expertise in helping senior executives who move to Ireland from overseas. We help them with the broad range of financial and taxation issues, identify the optimal financial solutions...

Should You Consider Purchasing Irish Government Bonds?

Given the measly interest rates on offer by Irish banks, alternatives to deposit accounts always warrant consideration. Although we are starting to see signs of improving rates for savers, there are other alternatives available for...

Tax Return Pitfalls & Opportunities

It’s coming up to that time of year again – tax returns need to be completed and everyone is looking for ways to reduce their bill. While most people view this as a chore, we...

Understanding Domicile

In the realm of financial planning and taxation, the term ‘domicile’ often surfaces for individuals who were not born in Ireland. But what does it really mean, and why is it so significant? Let’s delve...

Navigating Defined Benefit Schemes

Introduction Navigating the world of pensions can be complex, especially when it comes to defined benefit schemes. Let’s delve into a recent consultation we had, which sheds light on the intricacies of making informed retirement...

Sustainable Investing – a Global View

Some of the Everlake team attended the PortfolioMetrix LEAD Symposium in Cape Town this May. The event brought together some of the world’s top financial advisors to share ideas and challenge the norms in pursuit...

Investing is Simple, but Not Easy

Some of the Everlake team attended the PortfolioMetrix LEAD Symposium in Cape Town this May. The event brought together some of the world’s top financial advisors to share ideas and challenge the norms in pursuit...

Lessons in Leadership

Some of the Everlake team attended the PortfolioMetrix LEAD Symposium in Cape Town this May. The event brought together some of the world’s top financial advisors to share ideas and challenge the norms in pursuit...

You’re Too Late!

Ethics in Irish Financial Services We invited a good friend of Everlake’s, Dan Candura CFP, to give a keynote speech on the subject of ethics at an event for the Society of Financial Planners a...

The Irish Pensions Market & PRSAs

The Irish pensions market experienced a period of significant regulatory change in early 2023. While the long-term outlook is positive for clients, the financial services industry spent the end of 2022 and early 2023 reorganising...

Taxation of Overseas Investments

Back in 2013, following a rise in exit tax, we took the opportunity to switch our client’s portfolios. The increased exit tax rate, from 36% to 41%, meant that a move from ‘gross roll up’...

Why is There so Little Estate Planning in Ireland?

Why is there so little Estate Planning in Ireland? We were engaged by a couple in their mid-50s recently for Financial Planning advice. Firstly, we ensured that their family would be protected come what may....

Important Tools for Your Estate Planning

We’ve given our theory on why estate planning is not very common in Ireland and explained what estate planning actually is. It is NOT simply setting up a Section 72 life assurance policy! There is...

The Ladybird Guide to Estate Planning

In a previous blog post, we set out our thoughts on why structured estate planning is not that common in Ireland, and some reasons why people may mistakenly assume they don’t have a need for...

Electric Vehicles as Part of Financial Planning?

We’ll all be going electric when it comes to driving soon… With the announcement in February this year that the EU is banning sales of new petrol and diesel cars by 2035, the shift to...

Will Sustainable Investing Affect my Returns & Increase my Costs?

At Everlake we believe investment returns are explained by the following investment decisions: asset allocation, diversification, and investment approach. 1.      Asset Allocation Asset allocation is how much of your portfolio is invested in different investment...

How Sustainable Investing Aims to Make a Difference

Sustainable investment funds employ three key strategies. These strategies are inter-related and underpin our sustainable investment philosophy at Everlake. In its simplest form, sustainable investing attempts to enact change in three main ways: Avoid &...

History of Impact Investing

Our colleagues at Worthstone illustrate the evolution to the sustainable and impact investing that we know today in this fantastic video. Despite sustainability becoming a strong factor in investing decisions only recently, sustainable investing has...

Measuring Investment Impact with Worthstone

Despite its aim to improve transparency in the market, the introduction of the Sustainable Finance Disclosure Regulation (SFDR) has further muddied the waters of ESG or sustainable investing this year. Demand for sustainable investing is...

What’s More Important – Impact or Return?

We’ve shared our thoughts about sustainable investing being only one part of the answer to the world’s sustainability challenges. The answer to these challenges lies with each individual and the actions that we collectively take....

Alternative Investments Motivated by Sustainability Values

When investors go online to research sustainable investing opportunities, or indeed have a conversation with most financial advisors, they are usually introduced to the world of ESG investment funds. The theme of sustainable or ESG...

Meet Jacki Conway

Jacki joined Everlake as Chief Operating Officer in April 2021. After 19 years in a variety of roles with IBM, spanning Financial Analysis and Strategic Planning, Jacki changed her career direction. In 2005 she joined...

Investing in More Sustainable Fashion Options

We’ve recently been considering the various elements of sustainability that we can implement into our daily lives, in addition to investing our money in sustainable funds. As part of a family’s annual outgoings, a large...

Investing in a Bike

We’ve recently been considering the various elements of sustainability that we can implement in our day to day lives, in addition to investing our money in sustainable funds, read more here. Sustainable investments can be...

Your Most Valuable Sustainable Investment

We seem to have struck a chord with a number of people recently when we wrote our thoughts on Sustainable Investing and how we see it as only one element of overall sustainability. Many investors...

Everlake Investment Portfolios & 2022 Performance Review

At Everlake, we always seek to ensure that your values are reflected as fully as possible in the financial planning and investment approach that we recommend. We offer our clients a range of investment portfolio...

Creating Everlake

Managing your financial affairs can be a confusing and time consuming business, so much so that many of us put off making important decisions about our family finances. As a business owner and Chief Financial...

Inter-Generational Financial Planning

Many young people in Ireland today find that saving money into a pension or even buying a house is not a realistic proposition without the assistance of their parents. Much of the wealth in Ireland...

How Do I Prepare for Retirement?

One of the greatest financial worries, for many of us, is preparing for the transition from the world of work to retirement. The word retirement can evoke a sense of dread in some people –...

Beware The State Pension Trap

A potential tax/benefits trap exists that Irish Financial Planners should consider when recommending a personal investment portfolio (as distinct from a pension or ARF). I don’t profess to be an expert in Social Welfare benefits...

Are Sustainable & Impact Portfolios Worth The Price?

“When the facts change, I change my mind…” is generally attributed to the economist John Maynard Keynes (although he may not have actually said it), and it perfectly sums up our position on global capital...

Do You Own Investments In The USA?

Do you have shares in a company listed in the USA or a US ETF? Do you have more than $60,000? Are you married or in a Civil Partnership? If you answered yes to all...

Looking for Advice on Investing in Ireland

Assuming you have no mortgage debt and are already making full use of your pension allowances, what is the most tax efficient option for an investor in Ireland today? Is it beneficial to buy an...

Is It Pension Season For Everyone?

Traditional retirement planning isn’t the correct fit for everyone. There are broadly three cohorts of people, each requiring a different approach to planning for their future. Those on lower salaries should always prioritise buying a...

Right Time to Start a Pension?

Most articles of this nature, around the world, will talk about starting your pension early and the benefits of compound interest. Whilst that’s mathematically true, it’s not the right answer for everyone. I think we...

Meet John McNicholas

John headed up the family business, Ethical Financial, originally established by his father Ray in 1997. In 2020 Ethical Financial merged with Global Wealth, before rebranding in 2022 to become Everlake. He’s been advising business...

Meet Marc Westlake – Our Managing Director

Our Managing Director Marc has worked as an Independent Financial Planning Consultant since 1994. Today he is a specialist in Portfolio Management, Pensions and Tax & Estate Planning. Marc has a Bachelors Degree in Economics,...

Values-Based Investing

Ensure your values are reflected as fully as possible in the financial planning & investment approach

Building & Preserving Your Wealth

Money means different things to different people. As Financial Planners we don’t believe that, for most people at least, simply being rich is the end goal. As one of our clients put it; “surely the...

Keeping Calm in the Face of a Market Fall

Much of this information may look familiar – you are right! We maintain the same long-term mindset and principles of long-term investing regardless of the recent ‘crisis du jour’.

What is Socially Responsible Investing?

We are fortunate at Everlake to have deep experience and expertise in helping people to invest in line with their own preferences and convictions.

Maximum AVC Contributions

What is the Maximum AVC Contribution I Can Make? Contrary to popular belief, there actually isn’t a maximum contribution you can pay. There is however a maximum contribution that qualifies for tax relief in any...

How Safe is My Pension?

In the past, people would have said that the answer to this question is “Pensions are as safe as houses”. However, think back to what happened in the 2008 financial crisis. The housing crisis. Some...

In Search of the Perfect Investment Portfolio

Case Study March 2012 to 31st March 2021 These clients first invested in March 2012 and we have been meticulously recording their performance net of all fees and transaction costs they have incurred. Their objective...

Advice Worth €1m

Bottom line, swapping an individual stock for a diversified portfolio reduces risk AND improves expected return.