Pension advice in Ireland: tax-efficient pension and retirement planning
Make the most of the tax relief on your pension contributions, up to 40% for higher-rate taxpayers. From PRSAs to Executive Pensions, our pension planning consultants design a plan that closes the gap between what you have saved and the retirement you want.
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Authorised by the Central Bank of Ireland.
Specialist pension advice and retirement planning services
Our pension planning consultants work within Irish Revenue rules to build tax-efficient retirement strategies for individuals and businesses.
Personal Retirement Savings account (PRSA)
Flexible, portable PRSAs that you control, suited to employees, contractors and the self-employed.
Pension transfers and PRBs
We review old workplace pensions and, where it makes sense, transfer them into a Personal Retirement Bond (PRB).
AVCs and tax relief
Use Additional Voluntary Contributions to close your retirement gap and claim tax relief at your marginal rate.
Executive Pensions and Master Trusts
Company-funded pension options for directors. Employer contributions can be tax-efficient, subject to Revenue limits.
Pensions for doctors, pharmacists and other professionals: your options depend on how you are employed. We combine any workplace scheme benefits with a PRSA, AVCs or, through a company, an Executive Pension, so you use your tax relief fully within the earnings cap and Revenue limits.
Pension calculator Ireland: how much do you need to save?
The most common question in retirement planning isn’t “how do I invest?” but “how much is enough?”
A good retirement plan starts with a target fund: the capital sum you need for the lifestyle you want. The full contributory State Pension is €299.30 a week in 2026, about €15,564 a year, and not everyone gets the full rate. For most professionals that leaves a significant income gap.
“Retirement is not an age; it is a financial number.”
This pension calculator estimates the monthly contribution needed to reach your target fund, what it could cost you after tax relief, and how much your current pot could grow by retirement.
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Disclaimer: Illustrative only and not a forecast or a guarantee. Returns can be lower or higher, and you could get back less than you invest. Figures exclude inflation. Tax relief is subject to Revenue limits (see the FAQ below). For a personal review, speak to a Financial Health advisor.
How to choose a pension provider in Ireland
The “best” provider, and the best PRSA, is different for every person. The right home for your pension depends on charges, the funds on offer, how much risk you want to take and how flexible you need the plan to be.
| What to compare | Why it matters | What we check for you |
|---|---|---|
| Charges | Annual management charges and other fees compound over decades and reduce your final fund. | The total cost of the plan, not just the headline rate |
| Fund range and performance | Passive and actively managed funds behave differently and cost different amounts. Past returns do not predict future returns. | Whether the funds suit your risk level, and results after charges |
| Flexibility | You may want to switch funds, change contributions or transfer later. | Switching, transfer and exit terms |
| Service and tools | Online access and clear statements make it easier to stay on track. | How easy the plan is to manage |
We compare providers across the Irish market, including Zurich, Aviva and Irish Life, and our recommendations are led by what is right for you.
Rules keep evolving, including the My Future Fund auto-enrolment scheme from 1 January 2026, so we review your pension regularly for cost, risk and tax relief.
Thinking of transferring an old work pension? Read our guideIrish pension advice, tax relief and strategy FAQ
What does pension advice in Ireland involve?
Good pension advice looks at what you have saved, what you are paying in charges, how your money is invested and how much tax relief you are using. We then build a plan around your retirement goals, covering PRSAs, workplace pensions, old schemes and how you will draw an income later. The first call is free and we explain our fees before you commit to anything.
How does pension tax relief work, and how much can I contribute?
Contributions qualify for income tax relief at your marginal rate, which is 20% or 40%. At the 40% rate, a €1,000 contribution costs about €600 after relief. Relief is limited to a percentage of your earnings that rises with age: 15% up to age 29, 20% from 30 to 39, 25% from 40 to 49, 30% from 50 to 54, 35% from 55 to 59 and 40% from 60. The earnings counted are capped at €115,000 a year. These rules can change, so we check the current limits for you.
What is the best PRSA in Ireland?
There is no single best PRSA, because the right one depends on your situation. Compare the charges, the funds on offer, how easily you can switch or transfer, and the service you get. A standard PRSA has capped charges, while a non-standard PRSA can offer more investment choice at different costs. We compare the options for you and explain what each would cost over the long term.
Do you advise doctors, pharmacists and other professionals on pensions?
Yes. Doctors have different options depending on whether they are GPs, locums or hospital doctors, and pharmacy owners and employed pharmacists face different rules. We review any workplace scheme you belong to and use a PRSA, AVCs or, through a company, an Executive Pension to fill the gap, within Revenue’s age-related limits and the earnings cap.
Should I consolidate my old pensions and PRSAs?
Tidying up old pensions can make sense, but not always. Some old schemes carry valuable benefits, such as guaranteed annuity rates or early retirement rights from age 50, which you could lose by transferring. We review what each pension offers, including charges, guarantees and fund performance, before recommending a transfer to a Personal Retirement Bond (PRB) or another plan.
What is the pension gap, and how does the pension calculator work?
The pension gap is the difference between the income you want in retirement and what the State Pension provides. The full contributory State Pension is €299.30 a week in 2026, about €15,564 a year, and not everyone receives the full rate. Our calculator above projects how your current pot could grow, and shows the monthly contribution needed to reach a target fund, plus the likely cost after tax relief. The results are illustrations, not forecasts, because real returns vary and inflation reduces what your money buys.
What happens to my pension when I retire?
You can usually take up to 25% of your fund as a lump sum. The first €200,000 is tax-free (a lifetime limit), the next €300,000 is taxed at 20%, and anything above €500,000 at your marginal rate. Most people then move the rest into an Approved Retirement Fund (ARF) or buy an annuity. See our retirement income planning page for more.
Free resource: pension cheat sheet
Our guide simplifies the Irish pension landscape, including auto-enrolment, PRSA tax relief and the pension gap.
Want us to look at your own pension?
Book a free, no-obligation call with a pension advisor.