Financial Advice & Planning

Financial, advisory and investment services

At Lewis & Co., we understand the importance of securing your financial future through comprehensive financial planning. Our expert advisors offer personalised guidance across various financial products to ensure you and your loved ones are well-protected and prepared for a comfortable retirement.

Our Financial Advice Services Include:

• Pensions Advice: We assist you in building and managing a retirement plan tailored to your lifestyle and long-term goals. Contributions to approved pension schemes qualify for income tax relief at your marginal rate, effectively reducing your taxable income. Additionally, upon retirement, you can typically take a portion of your pension fund as a tax-free lump sum, subject to certain limits.
• Illness Cover: We provide tailored solutions designed to offer financial support during challenging times, ensuring you can focus on recovery. In Ireland, certain personal injury compensation payments may qualify for an investment exemption, allowing you to invest the compensation without incurring tax on the income and gains from that investment.
• Life Assurance: We offer comprehensive options to safeguard your family’s financial well-being in the event of unforeseen circumstances. While premiums for life assurance policies are generally not tax-deductible, the proceeds from a life insurance policy are typically free from income tax. However, they may be subject to Capital Acquisitions Tax (CAT) if the beneficiary’s inheritance exceeds the tax-free threshold.
• Permanent Health Insurance (PHI): Also known as Income Protection, Salary Protection, or Income Insurance, PHI provides you with a regular replacement income if you suffer a loss of earnings due to illness or disability that has lasted longer than the deferred period you choose in the policy. In Ireland, higher earners can claim back up to 40% of their premiums as tax relief annually. The maximum payout threshold is 75% of your prior gross salary. It’s important to note that while the premiums are tax-deductible, the benefits received are typically subject to income tax. The amount of tax payable depends on your total income and the specific terms of your policy. It’s advisable to consult with a tax professional to understand the tax implications of PHI benefits.
• Investment Advice: We offer personalised investment strategies to help you grow and manage your wealth effectively. In Ireland, certain investment schemes offer tax reliefs to encourage investment in specific sectors. For instance, the Employment Investment Incentive (EII) allows individuals to claim tax relief on investments in qualifying companies, subject to certain conditions. The maximum investment on which you can claim relief in a year is €500,000, provided the shares are held for a minimum period of seven years. It’s important to note that while these investments offer tax relief, they also carry risks, and returns are not guaranteed. Our advisors can help you navigate these options, ensuring they align with your financial goals and risk tolerance.

Our advisors work closely with you to understand your unique needs and circumstances, offering clear, unbiased advice and customised strategies. With a deep understanding of the Irish financial landscape and regulatory environment, we ensure that your financial decisions are well-informed and aligned with your long-term goals.

Contact us today to discuss how our financial advice can help protect your future and give you peace of mind.