• Regulatory changes have ended executive one-member schemes, pushing attention toward PRSAs and Master Trusts.
• In 2023–2024, PRSAs allowed virtually unlimited employer contributions, making them highly attractive for late-stage funding.
• As of January 2025, employer contributions to PRSAs are capped at 100% of salary, significantly reducing flexibility.
• Master Trusts still allow actuarial-based contribution limits based on salary and years of service, offering an alternative path.
• PRSAs allow the full pension value to be inherited on death, while Master Trusts may require most of the fund to be used to purchase an annuity.
• Strategic planning around salary levels, timing, and long-term drawdown goals is now essential for maximising pension efficiency.

Hope it helps.

• Retirement is a transition, not a destination Gregg emphasises that retirement today is less about stopping work and more about reshaping purpose and lifestyle in your later years.
• Identity and purpose need planning too Many retirees struggle not financially, but psychologically. Planning for how you’ll stay engaged, socially connected, and purposeful is just as crucial as financial readiness.
• Partial retirement is rising Gregg discusses the growing trend of phased retirement and encore careers, where individuals continue to contribute professionally in more flexible, meaningful ways.
• Ireland’s demographic shift mirrors global trends The Irish workforce is aging, and like in the US, people are living longer and working differently. Gregg’s insights help contextualise these changes locally.
• Retirement success is holistic True retirement readiness includes emotional well-being, social networks, mental stimulation, and health - not just a pension fund or lump sum

I hope it helps!

Gregg's book - EXIT FROM WORK: What Will The New You Look Like? eBook : Lunceford, Gregg: Amazon.co.uk: Books

Gregg's book recommendation - Loaded: Money, Psychology, and How to Get Ahead without Leaving Your Values Behind 

Disclaimer

In this week's podcast, 330, I take a look at Gillen Markets.

Gillen Markets have built a solid reputation as investment managers and advisors over the past decade and a half, led by founder Rory Gillen. They reportedly manage and advise on over €600m for c.500 families.

They made the headlines last week, having announced that they were selling their business to Quilter Cheviot, a UK and Irish based Discretionary fund manager, for an undisclosed sum.

As these things always do; it piqued interest in terms of the consolidation of yet another firm, but also in Gillen Markets own Gillen Market Fund (GM Fund).

So we are sharing a few thoughts on;

- Market consolidation going on in Ireland

- Analysis of the GM Fund itself (performance, allocation and fees)

I hope it helps.

Paddy

Disclaimer