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Group Pension Schemes

We understand that today’s business environment presents both financial and legal challenges for employers looking to provide benefits for their employees. It has never been more important to
ensure that you have the right company pension plan in place to provide the pension and protection benefits your employees need.

At Declan Maher Financial Services Ltd we can provide the experience and know-how you need to ensure that your company’s pension plan meets its full potential, while also helping you fulfill your legal obligations.

Providing retirement benefits to employees is an excellent way to reward and retain your staff and to demonstrate how much you value their long term commitment to your business.

It is a tax efficient way for you to help ensure your employees are financially secure in retirement. You have a choice of a Defined Contribution Group Retirement Plan or a Group PRSA arrangement. Each scheme has its advantages so it is important to get professional advice to help you select the most appropriate company pension scheme for you and your employees’ needs.


Defined Contribution Group Retirement Plan

A Group Pension is a defined-contribution pension plan, designed to help your employees plan for their retirement. It is a trust-based arrangement, and you and your employees can avail of tax-reliefs against contributions.

Group PRSA Pension

A Group PRSA (Personal Retirement Savings Account) is different from a Group Pension because Group PRSAs are individually-owned contracts. You and your employers can avail of tax-reliefs against contributions and the pension plan does not require trustees.

Group Risk Cover

Increasingly, employers are including protection as part of a total remuneration package, to attract and retain key employees.

Group Risk cover is a cost effective way of protecting your business’ most important asset – its employees. It provides real financial benefits to both your business and its employees.

As one of Ireland’s largest assurance companies we have the experience and expertise to deliver a Group Risk solution tailored to each employer’s individual needs.

To find out more about how Group Risk cover can benefit your business, please contact Declan Maher Financial Services Ltd on 087 1444977 or info@declanmaherfs.ie