• Who We Are

    Irene Young

    Pension Consultant & Financial Advisor

     

    Irene has many years of experience both between Ireland and the UK in various aspects of pensions consultancy for both individuals and companies. She worked for both Marsh and Mercer in Dublin and also Abbey Life in the UK. She has worked also for a small brokerage and The Pensions Board in Dublin.

     

    Having been involved in the insurance broker market for the last 15+years Irene has gained extensive experience with one of the largest international brokerages operating in Ireland. This experience has given her the exposure to all aspects of pension advice and retirement consulting on both a corporate level and also a personal level. During this time she has completed the QFA exams and also become a fellow of the Life Assurance Institute of Ireland. She is currently studying a Post Grad in Innovation and Enterprise Development in Trinity College, Dublin. Nestegg Life & Pensions is a Financial Broker and a member of Brokers Ireland.

  • What We Do

    We are a local life and pensions brokerage with years of experience.

    Pensions

    Corporate. Individuals. Executives. Retirees.

    We can advise clients on all aspects of Pensions.

    Individuals, Companies, Executives and Retirees.

    We can provide an annual review of your pension. We can also review those pensions you have with other providers in the market i.e. other brokers or insurance companies. We can review their suitability for you and review their terms and performance in the context of a current Fact Find and Risk Profile Questionnaire.

     

    We can provide advice on the following types of Pensions:

    • Personal Pension Plans
    • Executive Pension Plans
    • Group Pension Schemes
    • PRSAs
    • Buy Out Bonds as known as PRB's

    Check out the pension calculator and if you have any queries please contact us.

     

    Protection

    Life Cover. Mortgage Protection. Serious Illness Cover. Permanent Health Insurance.

    We can arrange any type of protection cover to meet your needs. We can shop the market for the best rates available and liaise with the insurance companies directly on your behalf.

    We can also review your existing cover to ensure it still meets you and your families requirements.

     

    Retirement Planning & Consultancy

    Pension Design. Annual Reviews. Pre-Retirement Planning. Post Retirement Consultancy.

    We also provide advice on all your Retirement Options including:

    • Approved Retirement Funds (ARF) & Approved Minimum Retirement Funds (AMRF)
    • Annuity

    The rules for your pension at retirement can seem confusing for a lot of people but by using our experience and technical knowledge we are able to advise you on the options available to you and the implications of each option. It is extremely important to receive Independent Advice when you are retiring to ensure that:

    • You receive the largest Tax Free Lump Sum Available to you
    • Get quotes from all the providers in the market not just your current pension provider
    • You know all the options available to you

    Investments & Deposits

    Whether you have a Lump Sum to Invest or if you would like to set up a Regular Savings Plan we can offer clear, independent advice on different options available on the market from different providers.

    We can offer advice on the following products:

    • Deposit Accounts
    • Regular Savings Plan
    • Capital Guaranteed Bonds

    When discussing investment options with you we will complete a thorough fact find of your current financial circumstances and your future goals. We will also ask you to complete a risk profile questionnaire to determine the level of risk you are comfortable with. This will allow us to research the market to find an investment that will match your personal circumstances and risk profile.

    We can help you put a plan in place to help you meet a future savings target, such as a child’s education, a deposit for a house or that once in a life time trip.

    Mortgages

    We provide Advice on all your mortgage needs whether you:

    • Want to buy your first home
    • Would like to Build your Own Home
    • Want to switch your mortgage provider in order to obtain a better rate
    • Release Equity in your property to release funds

    Nestegg Life and Pensions will be able to offer you the best value on Mortgage Protection and can shop the market for the most competitive rates available.

  • Calculators

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  • Client Testimonials

    Siobhan Hamilton McGovern

    We couldn't recommend Irene enough. From our initial consultation her advice & professional knowledge have been excellent. Fantastic service with great financial advice. We recommend highly!

    Sandra Brennan O'Brien

    Irene is excellent with her advice and experience - she advises from a family and personal perspective which you would not get from any other Financial Adviser / couldn’t recommend her highly enough !

    Corina Briody

    I can’t recommend Irene from nestegg highly enough very professional and excellent advice. This lady knows her stuff!!!

    Anke Morganroth

    Had a great consultation with Irene. Sometimes you need someone asking the right questions and looking at the different options to find the right answer. Irene had very good advise for me and directed me in the right direction. Thanks very much for your professional help Irene. Will definitely recommend you!

  • Consumer Protection Code - Compliance

    Details of Commission Structures with each insurance company

     

    Commission Summary Document

    We, Nest Egg Life and Pensions DAC t/a Nestegg Life and Pensions act as intermediary (Broker) between you, the consumer, and the product provider with whom we place your business

     

    The background

    Pursuant to provision 4.58A of the Central Bank of Ireland’s September 2019 Addendum to the Consumer Protection Code, all intermediaries, must make available in their public offices, or on their website if they have one, a summary of the details of all arrangements for any fee, commission, other reward or remuneration provided to the intermediary which it has agreed with its product producers.

     

    What is commission?

    For the purpose of this document, commission is the payment earned by the intermediary for work undertaken on behalf of both the provider and the consumer. The amount of commission is generally directly related to the quantity or value of the products sold.

     

    There are different types of commission models:

    Single commission model: where payment is made to the intermediary shortly after the sale is completed and is based on a percentage of the premium paid/amount invested/amount borrowed.

    Trail/Renewal commission model: Further payments at intervals are paid throughout the life span of the product.

     

    Indemnity commission

    Indemnity commission is the term used to describe a commission payment made before the commission is deemed to be ‘earned’. Indemnity commission may be subject to a clawback (see below) if the consumer lapses or cancels the product before the commission is deemed to be earned.

     

    Other forms of indemnity commission are advances of commission for future sales granted to intermediaries in order to assist with set up costs or business development.

     

    Life Assurance/Investments/Pension products

    For Life Assurance products commission is divided into initial commission and renewal commission (related to premium), fund based or trail relating to accumulated fund.

    Trail commission, bullet commission, fund based or renewal commission are all terms used for ongoing payments. Where an investment fund is being built up though an insurance-based investment product or a pension product, the increments may be based on a percentage of the value of the fund or the annual premium. For a single premium/lump sum product, the increment is generally based on the value of the fund.

    Examples of products include Life Protection, Regular Premium Life Assurance Investments, Single Premium (lump sum) Insurance-based Investments, and Single Premium Pensions.

     

    Investments

    Investment firms, which fall within the scope of the European Communities (Markets in Financial Instruments) Regulations 2007 (the MiFID Regulations), offer both standard commission and commission models involving initial and trail commission. Increments may be based on a percentage of the investment management fees, or on the value of the fund.

     

    Credit Products/Mortgages

    Commission may be earned by intermediaries for arranging credit for consumers, such as mortgages. The single, or standard, commission model is the most common commission model applied to the sale of mortgage products by mortgage credit intermediaries (Mortgage Broker).

     

    Clawback

    Clawback is an obligation on the intermediary to repay unearned commission. Commission can be paid directly after a contract is concluded but is not deemed to be ‘earned’ until after a specified period of time. If the consumer cancels or withdraws from the financial product within the specified time, the intermediary must return commission to the product producer.

     

    Fees

    The firm may also be remunerated by fee by the product producer such as policy fee, admin fee, or in the case of investment firms, advisory fees. Include arrangements etc

     

    Other Fees, Administrative Costs/ Non-Monetary Benefits

    The firm may also be in receipt of non-monetary benefits such as:

    Attendance at product provider seminars

    Assistance with Advertising/Branding

     

    Below is a list of the providers that our firm deals with. And below that if you press the logo of each company you will be brought directly to the commission details of each provider. Any questions please contact us directly.

     

     

    Life Insurance Providers

    Zurich Life

    Aviva Life & Pensions

    New Ireland

    Standard Life

    Irish Life

    Royal London

     

    Lender Providers

    Broker Network Services for Mortgages

     

    MIFID Providers

    Cantor Fitzgerald

    ITC

    Nest Egg Life and Pensions DAC trading as Nestegg Life and Pensions

    Nest Egg Life and Pensions DAC is regulated by the Central Bank of Ireland

     

    Zurich Life Commission Structures

    Aviva Life & Pensions Commission Structures

    New Ireland Commission Structures

    Standard Life Commission Structures

    Irish Life Commission Structures

    Royal London Commission Structures

    Broker Information Systems Platform

    Link to all providers

  • Contact Us

  • The Blog

    Thoughts, Most Talked About, Facts, Markets

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