Welcome to our World

Last March, we found ourselves in the unprecedented situation of a global pandemic. We were all quite unaware of what was about to befall us. Now, a year later, it is almost impossible to believe that the strange times we are still living through are real.

We hope that you have stayed safe and well during the pandemic.

New Office

To kick off things on a bright & exciting side, Pax Financial Planning will be relocating its operations from Sandyford Business Park to Maple House in Stillorgan, opposite to the Stillorgan Village shopping centre in the next couple of weeks as the restrictions ease out.

Team Expansion

On that note, to further strengthen the business processes and keep up with the growing business requirement, we are very delighted to inform you about the expansion of our Para planning, Mortgage & Marketing teams. We have also welcomed some highly qualified & experienced advisors into the team who have built their careers in Ireland’s top tier Banking & Financial advisory firms and are now a part of our team.

New Mortgage Agencies

A Mortgage is probably the biggest financial decision you will make during your lifetime. Whether you are planning to buy a home, purchase an investment property, or just want to review your options with the existing mortgage, we have access to all the top mortgage agencies in the market, there are significant opportunities to re-assess your mortgage position as there may be advantages from switching to a new lender, or re-mortgaging.

And to expand the range of providers we work with, Pax recently secured direct agencies with three new lenders Seniors Money, Haven & Finance Ireland to offer our clients a variety of direct companies to place mortgages with.

We provide our clients with advice, helping you choose the option which best suits your individual situation.

Webinar Series

Lastly, to help you up-scale your know-how of the Investment markets & offer individual fund updates, we would like to remind you that we have a quarterly webinar series with the fund managers from Zurich, Greenman & Aviva. In the quarterly webinar series, the fund managers along with our Executive Director Conor Byrne offer analysis of the current market conditions, provide detailed insight on the fund performance & explain the current fund position along with what it means for you as an investor.

Keep an eye out for the latest Quarterly Webinar update email from us.


The World

2020 in Review – Market commentary

Executive Director, Conor Byrne along with Kristian Bennett, Head of Investment from ClearChoice 2020 held a webinar early this year discussing the performance summary of the house funds in 2020 & the key global market themes for 2021.

Here is a short summary & the playback of the webinars in case you missed it:

  • Our preferred Method of Investing
  • Asset Class distribution of the house fund for the past 10 years
  • Performance of the S&P 500 since 1980 to 2020
  • 2020 Investment Market Summary
  • Stats of the European Market
  • Performance of the Zurich Dynamic Fund
  • 5-year analysis of the 3 top performing life company funds
  • Performance summary & Investment strategy of the Greenman Open Fund
  • 2021 Investment Market Outlook

We are pleased to include a recording of the webinar HERE.

Crypto

CEO Paul Merriman recently held an exciting Investment Made Easy Course with the objective to empower everyone with the right knowledge so that they are able to evaluate investment choices open to them, the risks and returns of each, develop a strong understanding of investing in stocks, shares & bitcoins as well as understanding of the tax implications on them.

He was also joined by Bitcoin & Tax experts to offer a holistic view & cover all aspects for the audience.

Here is an overview of the course:

  • Offered Insights into the various options available to investors.
  • Teaches fundamentals of investment and opportunity evaluation.
  • Helps understand key investing concepts and how they can be applied in a real-world setting.
  • Provides the essential knowledge required to invest in the markets.
  • Develop an understanding of market movements and the implications for investors.

This course is FREE to all our Pax Financial Planning clients. Here is a LINK to access the playback of the course so you can watch it back.

Ulsterbank

Following the announcement of Ulster Bank Ireland DAC’s phased withdrawal of all its banking activity and associated services within the Republic of Ireland over the next number of years last week was all about KBC selling their performing loans to Bank of Ireland.  In our opinion this is setting the wheels in motion for KBC to follow Ulster Bank with an Irish exit.

The various account holders, mortgage holders and those who have a loan with the bank will need to be transferred to other banks or lenders gradually.

This is an opportunity for anyone holding a mortgage with Ulster Bank and KBC to shop around for a better rate and beat the rush.

When it comes to current account we encourage clients to look at the current account market HERE
This link will bring to you the CCPC independent site on camparison of current account. 

If you have a mortgage with Ulster Bank or KBC there is no need to panic, you current terms and rates will be honour by your new future bank until the term or special rate period is up.  If you at at the end, or approaching the end, of an existing fixed rate period please do not hesitate to reach out to us for a mortgage consultation.


Your World

As the government still assess the impact of the pandemic, people are looking to the future and making plans to get their finances back on track.  At Pax & AskPaul, we want to help you prepare you so that you can respond with confidence. We want you to know that we are here to answer any questions you may have.

We encourage all our clients that have not availed of our regular reviews to book an appointment and get the policies that you hold with us reviewed.  This is to understand if any of the criteria used to finalise those choices you made with us in the past have changed due to updates in your personal and financial circumstances like welcoming a new member in the family or a job change or simply if you would like to increase or reduce your pension contributions.

Click HERE to make an appointment.