The Irish FIRE Podcast explores the journey to financial independence and early retirement from an Irish perspective. Hosted by Michael Houghton, the podcast covers practical strategies for saving, investing, and working towards financial independence. Each episode dives into topics like tax efficiency, property investment, pensions, and lifestyle optimization, all tailored to the unique challenges and opportunities in Ireland. Whether you’re just starting out or well on your FIRE journey, The Irish FIRE Podcast offers actionable insights to help you achieve your financial goals.
Episodes
2 hours ago
2 hours ago
21 min
Ireland is planning to introduce a new Personal Investment Account (PIA), designed to make investing easier and encourage more people to move some of their savings out of cash and into investments. On the surface, it sounds like a welcome step, but will it really be as simple as it sounds?
In this episode, Michael is joined by Michael Healy, CEO of IG Consumer, to look at the detail behind the proposed PIA. They discuss the possible tax treatment, what investments could be included, how the account might compare with systems in the UK and Sweden, and why Michael is concerned that Ireland could end up creating something far more complicated than investors are expecting.
They also discuss what the Government needs to get right if the PIA is genuinely going to encourage more ordinary Irish people to invest and whether this could finally be the beginning of a simpler investment system in Ireland.
Show Notes:
Learn more about IG: www.ig.com.
Subscribe to the Irish FIRE Newsletter:
https://www.firepodcast.ie/newsletter
This episode is supported by Moneycube, one of the sponsors of the Irish FIRE Podcast. Moneycube is regulated by the Central Bank of Ireland.
No comments yet. Be the first to say something!