We’re on the cusp of local and international stock markets, new products & legislation and we always have access to the lowest costs and charges available. We’ve got a foundation for success that’s set for many decades to come. We are focussed on building long term relationships with our clients. We take the time to get know and understand our clients in order to provide long term satisfaction, solutions and service.
Smart Choice is not biased towards or against any particular provider. Because of our years of experience, we are familiar with the service levels of each product provider in their respective market. As such we can compare not just price, but contract structures and service standards, and can advise on the best provider, the best cover, at the best rate from the most suitable and the most reliable provider, every time.
Your business needs will change throughout your journey. Your priorities in relation to your business financial plan will change accordingly. From initial set up all the way through to when you exit, a carefully thought out financial plan will help you to achieve success throughout.
Smart Choice Consultants have vast experience with Pension Scheme funding and advice. We offer a full advisory service regardless of the individual circumstances. We have agreements in place with the vast majority of pension providers in the Irish Market. We regularly advise the Self Employed, Company Directors, Senior Executives as well as company employees and members of the public sector superannuation pension scheme.
Self Directed and Self Administered Pensions
We offer advice and a range of self-administered pension options. In certain circumstances, clients may require a self-directed investment option as part of the pension scheme. This is usually to enable them to invest in a more sophisticated type of an investment fund or asset. The more experienced the investor, or the larger the pension scheme value, the more a self-administered scheme may make sense. Our consultants been advising clients and managing the different types of self-administered pension schemes available in Ireland for over 25 years. They have in depth knowledge of the type of pension schemes available to you.
Close Company Surcharge
Retained profits held in an investment bond as opposed to retaining money in deposit. The investment rolls up gross – exit tax on growth of 25% is deferred for 8 years (or until encashment if earlier) as opposed to an annual corporation tax charge of 25% on a deposit interest.
Investment within the bond is exempt from close company surcharge.
Retail deposit rates are available to corporate investors through investment bonds.
Early Access for Pensions
Age of accessing pension assets can vary and can be as early as age 50 – depending on the client circumstances.
Post Retirement Advice
The retirement itself is of paramount importance. We can offer advice on when a client should retire, or whether they should wait. Do they need to retire? What retirement options are available to them and which of these they should choose.
Solution based Wealth Management
At Smart Choice we don’t just sell products. Instead, we take a holistic approach to investment planning and advice. We will look at your client’s overall wealth, their circumstances both in their business and in their family lives, and we get them to identify what it is that they wish to achieve. Because of impartiality and our years of experience we can often find the ideal solution for them to achieve their goals, put a plan in place for them. We are committed then to regularly reviewing our clients’ circumstances in order to ensure that they remain on track to
achieve their goals.
Smart Choice offer this to our HR clients and their Board of Directors. Corporate Advice is one of the most important parts of running a business, whether it is a large multinational corporation or a small business entering the market. It is easy to put provisions in place, but without careful consideration of the potential pitfalls major issues can arise in relation to BIK liabilities and capital tax liabilities that are easily avoidable. Solutions come in the form of Co-Shareholders Insurance, Keyman Insurance and Executive Planning. Increasingly Corporate Investment vis a vis money on deposit at zero to low interest rates is becoming more common and advice is also provided in this area.
We arrange loans for commercial property investment as well as residential property investment. Our consultants can assist you to identify the right property and the most
efficient way to buy the property, the most efficient interest rate available and indeed the most tax efficient way to purchase the property.
Many businesses are unaware of the need to protect their Shareholders and/or Key Person in the business. Shareholder cover is of paramount importance when setting up in business.
Mortgages / Loans
New mortgage, re-mortgages, loans to purchase both residential and commercial properties.
SmartChoice Financial Brokers are one of the a very small number of Debt Management firms i.e. (less than 50 in the state), that are authorised to provide debt management services to Consumers by the Central Bank of Ireland. We engage directly with creditors on behalf of our clients in relation to the management of any secured finance facilities such as: Main place of living mortgages, Residential Buy to Let Mortgages and Commercial Real Estate Mortgages.
Health Insurance can be very confusing. Which Plan should you take? What will you be covered for?
SmartChoice can guide you through the Health Insurance Market and Find a plan that’s right for you. Remember that once you turn age 34 Community Rating will be applied. This means that your premium will be more expensive for every year that you don’t have Health
Employee Risk Benefits
Research indicates that the total cost of employee turnover is about 150% of an employee’s salary. So how you can retain staff more effectively.
Providing Staff Benefits is the number one factor that creates staff loyalty.
Talk to us today about a range of cost-effective benefits for your employees including.
Death in Service, Income Protection, Health Insurance and Retirement Benefits.
Employer’s obligations and options in terms of funding pensions for employees. Tax advantages of funding pensions as an Employer.
We recommend to all of our corporate clients that they should consider the merit of rolling out the SmartChoice Financial Planning service for staff.
Rose Stanley –
TLC Health Services
Smart Choice has the personnel, qualifications and most importantly the experience to deal with stressed financial situations. Also, Smart Choice has the current registration from the Central Bank to allow them to legally negotiate on behalf of individuals
IFA have used the services of Smart Choice and are satisfied with the handling of individual files and with the substantial progress made“
Kevin Leahy – Formerly Bank of Scotland/Certus –Divisional Director Banking
If asked we would recommend clients to SmartChoice, we would and we have! Should you wish to contact me please do so.”