Financial Service firms love their acronyms, as in they love them! Maybe it's an insecurity thing, or maybe it's an attempt to hold onto some semblance of power. To help you develop the knowledge and to prepare you for a conversation with even the worst acronym offenders (AO!), I'm covering each of the main investment and financial acronyms related to financial services in Ireland. Plus, I'll offer a one-liner on each as to what it really is and why it matters!
Paddy Delaney QFA RPA APA
Tax on investments in Ireland is a doozy! There is a warning often quoted in investment articles that suggest "you shouldn't let the tax tail wag the investment dog". Based on a recent conversation I had with a prospective client and from many emails that I get from investors, it seems that people aren't even aware that there is a tail! This is an important part of investing and is a significant issue for many investors, so I made sure to allocate sufficient time to get to write a short piece to hammer the message home!