In this episode of Ask About Wealth, we're joined by Aidan McLoughlin to explore innovative pension solutions that could help you maximise your retirement savings. Discover how relocating your pension to Malta can unlock significant financial benefits, reduce tax burdens, and provide greater flexibility than traditional Irish pension schemes.

Key Benefits for Listeners:

• Understand Pension Structures: Learn the differences between various pension types, including state, occupational, and personal pensions, and how they impact your retirement planning.
• Maximise Your Pension Fund: Discover how transferring your pension to Malta can remove caps on fund size, increase tax-free lump sums, and offer more control over income drawdowns.
• Secure Your Investments: Find out how self-administered pension structures provide enhanced security, investment flexibility, and protection from potential risks.

Episode Highlights:

• The Malta Advantage: Aidan explains how moving your pension to Malta allows you to bypass Irish restrictions, potentially increasing your retirement pot over time.
• Investment Flexibility: Explore the vast range of investment options available through self-administered pensions, including property, equities, and other assets.
• Lower Costs, Higher Returns: Learn about the cost structure of transferring pensions to Malta, which offers a competitive fee model that can save you money compared to traditional pension providers.

Tune in to this insightful discussion with Aidan McLoughlin to learn how strategic pension planning and innovative international solutions can significantly boost your retirement savings.

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In this episode of Ask About Wealth, we discuss a powerful strategy for company owners to extract funds from their business without paying tax, focusing on the benefits of Executive Retirement Funds. If you're a business owner or aspiring to own a limited company, this episode offers crucial insights into how to legally transfer money into your personal wealth with minimal tax implications.

Key Benefits for Listeners:

• Maximize Wealth Accumulation: Learn how to move significant funds from your company to your personal name without paying any tax.
• Tax-Efficient Contributions: Discover how these retirement funds allow you to write off contributions against corporation tax, effectively having the state cover part of your contribution.
• Protected Growth: Understand how these investments can offer superior returns compared to traditional salary withdrawals.

Episode Highlights:

• Access to Funds: We can have access to retirement funds from age 50 onwards, providing flexibility and control over your money.
• Investment Freedom: Learn about the vast range of investment options available within private retirement funds
• Future-Proofing Your Retirement: Explore the potential to move to other EU jurisdictions for even better tax treatment down the line.

The right financial strategy can make a significant difference in how much wealth you retain from your business efforts. Take control of your financial future, reduce tax liabilities, and safeguard your accumulated wealth.

Tune in to Ask About Wealth now and learn how to keep more of your money working for you!

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In this episode of Ask About Wealth, Paul Overy dives into the different business structures available in Ireland, with a focus on helping current and aspiring business owners make informed decisions. Whether you're a sole trader, part of a partnership, or considering setting up a limited company, understanding the implications of each structure on your wealth and liability is crucial.

Key Benefits for Listeners:

• Risk and Liability: Learn why sole traderships put all your personal assets at risk and how limited companies offer superior protection.
• Tax Efficiency: Discover how limited companies pay less tax, allowing you to keep more of your earnings and reinvest in your business.
• Retirement and Entrepreneurial Relief: Understand the significant tax concessions available to owners of limited companies.

Episode Highlights:

• Sole Tradership vs. Limited Company: Explore the pros and cons of each structure, with a focus on risk management and wealth protection.
• Partnership Pitfalls: Learn about the additional liabilities that come with partnerships, including joint and several responsibility.
• The Accountant's Role: Why it’s essential to get written advice when considering a switch to a limited company.

Paul emphasizes the importance of choosing the right business structure to protect your wealth, reduce personal risk, and optimize tax benefits. By the end of this episode, you'll have a clear understanding of why a limited company might be the best choice for your business.

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How to make smarter financial decisions in the face of inflation. By the end of this episode, you'll have a clearer understanding of how to protect and grow your wealth in an inflationary environment.

Episode Highlights:

• Inflation’s Erosion of Wealth: Explore how a 3% annual inflation rate can erode up to 45% of your wealth over 20 years.
• Investment Insights: Learn why stock markets typically outperform inflation while cash deposits do not.
• Salary and Inflation: Understand how inflation affects your income, and why getting a raise that matches inflation simply maintains, rather than increases, your purchasing power.

Key Benefits for Listeners:

• Understanding Inflation's Impact: Learn how inflation affects the real value of your wealth and income, with practical examples and statistics.
• Investment Strategies: Discover which asset classes historically outperform inflation and which ones to avoid if wealth accumulation is your goal.
• Real vs. Nominal Returns: Understand why the real return, net of tax and inflation, matters when evaluating your investments.

Tune in to Ask About Wealth now and start taking control of your financial future!

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In this episode of Ask About Wealth, we explore how you can legally minimise your tax burden and keep more of your hard-earned wealth. While taxation may seem inevitable, Paul reveals why it's a modern concept and how you can navigate it to your advantage.

Key Benefits for Listeners:

• Tax Rights: Learn your right to pay as little tax as legally possible and how to exercise it.
• Case Studies: Discover real-life examples, like a Monaghan egg farmer’s experience with tax planning gone wrong.
• Financial Planners vs. Accountants: Understand why a financial planner is crucial for tax efficiency.
• Proactive Tax Planning: The importance of planning now to reduce future tax liabilities.

Episode Highlights:

• History of Taxation: A look at the origins of income tax.
• Avoiding Aggressive Tax Avoidance: How to stay on the right side of tax laws.
• Achieving Financial Freedom: How tax efficiency can help you reach your financial goals.

Join Paul as he equips you with the tools to make smarter financial decisions and secure your financial future.

Tune in to Ask About Wealth now and take control of your tax situation!

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In this episode of Ask About Wealth, we delve deep into the intricacies of inheritance tax in Ireland. Whether you're in line to receive a substantial inheritance or planning to leave a legacy for your children, this episode is packed with essential insights that can help you minimise your tax liabilities and maximise the wealth passed on to the next generation.

• Understand Inheritance Tax Thresholds: Learn about the current tax-free thresholds and the 33% tax rate on amounts above €335,000.
• Historical Perspective: Gain insights into how inheritance tax has evolved over the past two decades.
• Practical Tax Reduction Strategies: Discover multiple legitimate ways to reduce inheritance tax liabilities, including agricultural relief, business assets relief, and the use of trust funds.
• Case Studies and Real-Life Examples: Hear real-life scenarios and consultations that illustrate how these strategies can be applied effectively.

Episode Highlights:

1. Agricultural Relief Explained: Paul discusses a consultation with a client owning a €2 million farm and how to qualify for agricultural relief to significantly reduce tax.
2. Grandchildren's Tax-Free Threshold: Learn how leaving assets directly to grandchildren can save thousands in taxes.
3. Trust Funds for Young Beneficiaries: Understand how trust funds can help manage and protect assets for younger beneficiaries.
4. Art and Exempt Assets: Discover how certain assets like art on public display can be exempt from inheritance tax.
5. Succession Planning Case Study: A story about a client who restructured his will to save his children €300,000 in taxes.

Take your first step towards smarter inheritance planning!

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With 40 years of experience at the top of the financial industry in Ireland, Paul pulls back the curtain to provide you with the information you need to succeed. In this episode we delve into the 4 big issues that make the Irish financial landscape so difficult for high income earners in Ireland and how we can best overcome each of them to build long term wealth. Problems such as a unique in-build bias (product selling), isolated advice, overpaying tax and lack of a financial plan.

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This week on the Ask About Wealth Podcast we're joined by Brian Keane. Personal trainer, business coach, digital entrepreneur, bestselling author, podcast host, extreme endurance athlete, and founder of Brian Keane Fitness

From walking out of a teaching career to going broke twice to success in business, Brian shares th story behind his entrepreneurial journey.

Brian talks openly about mindset blocks, building a business from scratch, monetising a personal brand, and why most people confuse time management with energy management.

Episode Highlights:

• The mindset traps that stop people from starting

• How Brian built a business he’d never want to retire from

• The financial mistake that cost him €50k

• Going from trading time for money to scaling income online

• Why most entrepreneurs ignore planning — and why it costs them

A high-energy episode packed with practical insights for any entrepreneur, side hustler, or creator looking to build something sustainable.

You can get in touch with Brian here:

https://briankeanefitness.com/

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In this episode of Ask About Wealth Pauls discusses the importance of tax planning for business owners and provides legitimate methods to minimise tax liabilities.

The strategies are divided into three categories: short-term, long-term, and complex tax savings.

00:00 Introduction to Tax Avoidance for Business Owners

01:04 Short Term Tax Savings Strategies

05:48 Long Term Tax Savings Strategies

11:01 Complex Tax Breaks and Planning

12:36 Conclusion and Final Thoughts on Tax Planning

Ask about wealth helps Ireland’s high earners preserve and grow wealth.

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In this episode, we break down the four biggest financial mistakes high-income earners make—and why most people never achieve financial freedom. If you're serious about building wealth, avoiding these pitfalls is non-negotiable.

If you’re ready to take control of your financial future, avoid these mistakes, and start building serious wealth, this episode is a must-listen.

Ask about wealth helps Ireland’s high earners preserve and grow wealth.

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In this episode, we sit down with Karl Rogers, Chief Investment Officer at Elkstone, to discuss the private markets and why high-net-worth investors are shifting their portfolios beyond traditional public investments.

🔹 What are private markets, and why do they matter?

🔹 How family offices allocate wealth to private investments

🔹 The advantages of real estate, venture capital, and private credit

🔹 How private markets can offer greater control, diversification, and potential returns

If you're a business owner, entrepreneur, or investor looking to move beyond off-the-shelf financial products, this episode is for you. Discover how the wealthiest investors build their portfolios and how you can too.

Ask about wealth helps Ireland’s high earners preserve and grow wealth.

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🎙️ Weekly Wealth Bites by Ask About Wealth is a short series within the Ask About Wealth Podcast with the aim to help you gain valuable insight into one wealth creation tactic or fundamental principle each week. With the goal to educate you on your journey to wealth creation.

This week, we're diving into one of the most powerful tools for wealth accumulation, your pension. Whether you're an employee or a business owner, the tax advantages and investment opportunities these pensions offer can be transformative.

Key Topics Covered:

• The Power of Tax-Free Transfers: Discover how company pensions allow businesses to transfer funds into retirement vehicles tax-free
• Risk Mitigation for Business Owners: Learn why company-sponsored pensions protect wealth from creditors
• Off-the-Shelf vs. Self-Administered Pensions: Learn the difference
• Investment Opportunities in Self-Administered Funds: Explore how self-administered pensions can invest broadly
• The Pride and Possession Rule: Understand the limitations imposed by revenue

This episode is for entrepreneurs, high-income earners, and anyone seeking to leverage tax and investment strategies to grow their retirement wealth.

Ask about wealth helps Ireland’s high earners preserve and grow wealth.

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In Episode 16 of the Ask About Wealth podcast, we sit down with Andrew McAllister, the entrepreneurial mind behind Sea Sauna, to explore his journey from architecture to entrepreneurship.

Andrew opens up about the financial risks, challenges, and rewards of building a thriving business from scratch while pursuing his passion for innovation.

Key insights include:

• The Entrepreneurial Leap: Why Andrew left a stable career in architecture, invested his savings, and embraced uncertainty to build The Sea Sauna.

• Navigating Financial Risks: How Andrew created a business plan on a delayed flight, assessed occupancy thresholds, and financed Sea Sauna’s growth without traditional borrowing.

• Lessons in Sacrifice: The personal and financial trade-offs required to transition from comfort to entrepreneurship.

• A Vision for Sustainable Development: Andrew’s ambitions to apply his entrepreneurial skills to eco-friendly, design-led housing developments that redefine Ireland’s construction norms.

• Overcoming Challenges: How Andrew turned personal obstacles like dyslexia and ADHD into creative and entrepreneurial advantages.

This episode is a must-listen for anyone interested in entrepreneurship, financial planning, or sustainable entrepreneurship. Andrew’s story offers a masterclass in taking calculated risks, embracing challenges, and using business as a tool to make meaningful change. Don’t miss it!

You can get in Contact with Andrew here:

Website: https://www.theseasauna.ie

Instagram: https://www.instagram.com/the.sea.sauna/

Ask about wealth helps Ireland’s high earners preserve and grow wealth.

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In Episode 15 of the Ask About Wealth podcast, we welcome Kevin Canning to dive into the world of private investments tailored for high-net-worth individuals.

This episode explores:

• Private vs. Public Markets: Understanding the advantages and unique opportunities in private investments.
• EIS Funds Explained: How Enterprise Investment Schemes (EIS) offer significant tax relief and diversify risk across businesses.
• Balancing Risk and Return: The importance of promoter "skin in the game" and real estate-backed investments in mitigating risk.
• Tax-Efficient Strategies: From 50% tax relief with EIS funds to leveraging 12.5% corporate tax rates for lending businesses.
• Investor Due Diligence: Why working with regulated advisors ensures better oversight and investor protection.

This episode is a must-listen for anyone interested in tax-advantaged investment options beyond the mainstream.

Ask about wealth helps Ireland’s high earners preserve and grow wealth.

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2024 was full of lessons, Paul shares a quick overview of what he learned about building wealth, managing risks, and staying ahead as a high earner.

Learn more at askaboutwealth.ie

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In Episode 14 of the Ask About Wealth podcast, we explore the surprising ways psychology can influence financial success with psychologist and clinical hypnotherapist Jason O'Callaghan, founder of d4clinic.ie. Together, we uncover insights into the connection between mindset and money,

including:

• The Power of Writing It Down: How putting financial goals on paper can double your chances of success.
• Accountability in Action: Why surrounding yourself with the right people can make or break your financial plans.
• Turning Fear Into Fuel: Overcoming anxiety and rewiring your mindset to embrace calculated financial risks.
• Habits That Drive Wealth: Building daily disciplines to stay focused and committed to your goals.
• Lessons from the Successful: What high achievers and entrepreneurs get right about managing money and mindset.

This episode is packed with actionable advice and psychological strategies to help you master your finances.

You can get in Contact with Jason here:

Website: https://www.d4clinic.ie/

Instagram: https://www.instagram.com/hypnotist_jason_ocallaghan/

TikTok: https://www.tiktok.com/@jasonthehypnotist

Thanks for listening to this week's episode and make sure to tune in again next week for more actionable insights to help you build and preserve your wealth.

Ask about wealth helps Ireland’s high earners preserve and grow wealth.

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In Episode 13 of the Ask About Wealth podcast, Paul welcomes Ger Conroy, founder of Ger Conroy Fitness, to discuss the financial realities of building a thriving business.

From opening his first modest gym studio to managing multiple locations and an academy, Ger shares his journey of balancing passion for fitness with the challenges of managing and growing a business.

This episode focuses on the financial side of entrepreneurship, including:

• Starting out with limited funds and learning to reinvest profits.
• Transitioning from a sole trader to a limited company and the lessons learned along the way.
• Managing business growth during challenging economic times.
• The critical role of professional financial planning.
• Navigating taxation, understanding interest rates, and ensuring long-term financial stability.

Whether you're an aspiring entrepreneur or a seasoned business owner, this conversation provides invaluable insights into the financial hurdles and opportunities on the path to success.

You can get in touch with Ger Conroy and follow them here:

https://www.gerconroy.ie/

https://www.instagram.com/gerconroyfitness

Until next weeks episode, thanks for listening.

Ask about wealth helps Ireland’s high earners preserve and grow wealth.

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In Episode 12 of the Ask About Wealth podcast, we confront a subject most prefer to avoid: planning for life’s certainties, including the inevitability of death.

Paul delves into the often-overlooked complexities surrounding retirement funds, inheritance, and succession planning. Joined once again by Aidan McLoughlin, CEO of ITC and author of Pensions, Revenue, Law and Practice, they explore the critical need for proactive estate and pension planning.

This episode unpacks:

• The tax implications of passing on pension assets.
• The importance of writing a letter of wishes for pension trustees.
• Differences in pension treatment for children under and over 21.
• Real-life examples of unexpected complications in succession planning.
• Why making a will and revisiting it regularly is vital.

Whether you’re a high-income earner managing significant assets or just starting your financial planning journey, this episode is a must-listen. Aidan and Paul provide actionable insights to ensure your assets are distributed according to your wishes and that your loved ones are well-protected.

Tune in to learn how thoughtful planning today can prevent challenges tomorrow.

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In this episode of the Ask About Wealth podcast, we sit down with entrepreneur John Larkin, founder of The Black Stuff.

John shares the highs and lows of his entrepreneurial journey, from professional poker to scaling a handmade soap business into a global brand.

This episode is a must-listen for anyone considering starting a business, making a career pivot, or looking to understand what it really takes to build something from scratch.

Key Takeaways:

🔹 From poker to product: John’s unconventional path to entrepreneurship

🔹 How The Black Stuff was born during lockdown, and why action beats overthinking

🔹 The role of branding, consumables, and repeat customers in eCommerce success

🔹Why building a financial “war chest” matters before leaving a secure job

🔹 The importance of tax and succession planning early in your business journey

Tune in to hear real, practical insights from someone who built a business by hand, literally.

You can get in touch with John through his website here:

https://theblackstuff.com

Ask about wealth helps Ireland’s high earners preserve and grow wealth.

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In this episode of the Ask About Wealth podcast, we dive into one of the largest financial decisions most people make, buying a home.

Paul is joined by industry expert Michael to explore how high-income earners in Ireland can maximise their opportunities in the property market. Whether you’re buying your first home, switching for better rates, or investing in property, this episode will equip you with the tools to make smarter financial decisions.

We discuss:

• Is Property Still a Good Investment? Michael shares his seasoned perspective on the Irish property market.
• The True Cost of a Mortgage: Why comparing lenders can save you tens of thousands over the life of your loan.
• Switching Lenders: How much can you really save, and is the process worth the effort?
• Equity Release: Creative uses for equity, from helping children with home deposits to funding unique life goals like surrogacy or education.
• Market Trends: What the arrival of new lenders like Revolut and others means for mortgage rates and competition in Ireland.

The link mentioned in the episode:

https://www.askaboutwealth.ie/mortgage-interest

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With the 2025 budget fresh in everyone’s minds, we explore how new tax regulations impact high-income earners, including key adjustments to pension contributions and the increased standard fund threshold. We dive into how these changes could affect long-term wealth accumulation and offer insights for those navigating Ireland’s tax landscape.

Key Highlights:

Budget 2025 Recap: Unpacking the finance bill’s influence on pension contributions

Myth-Busting Property Investment: Does property investment always leads to significant returns?

Mortgages and Financial Freedom: Should you pay off your mortgage early?

Tune in as we discuss how high-income earners can achieve financial security while minimizing tax obligations in a challenging fiscal environment.

🇮🇪 Helping high earners preserve and grow wealth.

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The Good, the Bad, and the Ugly of Ireland’s Latest Budget for High-Income Earners

In this episode of Ask About Wealth, we dive deep into the details of Budget 2025, analyzing its real impact on Ireland’s high-income earners. From the slight tax reliefs to unexpected increases in stamp duty.

Key Highlights:

• Discover why high-income earners will still pay the bulk of the nation’s tax, despite relief measures.
• Learn about changes in retirement fund legislation.
• Explore how increased stamp duty affects high-value property owners and what it means for future property purchases.
• Get insights into the expanded Employment Investment Incentive Scheme (EIS) for high earners looking to invest in startups while getting significant tax relief.

This episode is packed with insights into how Budget 2025 affects your bottom line.

🇮🇪 Helping high earners preserve and grow wealth.

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📖 Read the book

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In this episode of Ask About Wealth, we dive into the reality of Ireland’s high-tax environment and how you can legally minimise your tax burden.

From income tax to capital gains, levies, and excise duties, we explore the hidden costs that eat away at your earnings. More importantly, we uncover the powerful tax reliefs and incentives that allow you to control where your money goes rather than letting it disappear into government waste. If you want to keep more of what you earn while still contributing to the economy in a meaningful way, this episode is a must-listen.

Key Takeaways:

• Understanding Ireland’s Tax System
• The High Cost of Government Waste
• Investment-Based Tax Reliefs
• How Business Owners Can Slash Tax Bills 
• The Role of a Financial Planner

If you believe you’re paying too much tax (hint: you probably are), tune in to this episode to learn how to legally and strategically take control of your finances.

Ask about wealth helps Ireland’s high earners preserve and grow wealth.

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In this episode of the Ask About Wealth podcast we deep dive into the mortgage market. With interest rates shifting, supply still a major issue, and new mortgage products on the market, this episode is packed with actionable insights.

Whether you’re looking to buy your first home, release equity, or simply make smarter financial moves, this discussion will help you navigate the property landscape with confidence.

Key Takeaways:

🔹 The latest on interest rates, new lenders, and shifting banking policies.

🔹 How Mortgage Approval Really Works

🔹 How existing rental payments prove repayment capacity.

🔹 Government Schemes for Buyers

🔹 Equity Release Explained

If you’re in the market for a mortgage or planning a property investment, don’t miss this one.

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In this episode of the Ask About Wealth podcast, we dive into how you can fund your business. Whether you're dreaming of launching your business or already on your entrepreneurial journey, understanding how to leverage grants, tax reliefs, and support programs can make all the difference.

Key Takeaways:

🔹 Why using other people’s money is the smartest way to fund your startup.

🔹 Revenue-backed supports like SURE (Startup Relief for Entrepreneurs), EIIS, and accelerated capital allowances.

🔹 How LEOs can provide up to €315,000 in feasibility, priming, and business expansion grants.

🔹 Enterprise Ireland programs, including the New Frontiers Entrepreneurship Program, Competitive Start Fund, and (HPSU) supports.

🔹 The value of innovation vouchers for business development and research.

Learn how you can secure the funding you need to bring your business idea to life, without risking your personal savings.

Ask about wealth helps Ireland’s high earners preserve and grow wealth.

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In this episode of the Ask About Wealth podcast, we discuss Ireland’s biggest financial taboo, planning for death and inheritance tax. Learn how forward planning can minimise tax liabilities, avoid family conflicts, and ensure your wealth passes smoothly to the next generation.

Key Takeaways:

🔹 Why open discussions about inheritance planning are essential.

🔹 Ireland’s inheritance tax thresholds

🔹 Strategies to minimise tax, including using familial allowances and special exemptions.

🔹 The role of insurance in covering inheritance tax liabilities.

🔹 Importance of legal planning, appointing unbiased executors, and itemising assets.

Ask about wealth helps Ireland’s high earners preserve and grow wealth.

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In this episode of the Ask About Wealth podcast, we sit down with Johnnie Wilkinson, CEO of Greenman Group, to explore the fascinating world of supermarket real estate investments in Germany. Discover how long-term leases, inflation-linked rents, and sustainable energy innovations create reliable income streams for investors.

Johnny shares the origins of Greenman, the strategic importance of Germany’s retail market, and the company’s move toward net-zero targets. We also discuss the rise of ELTIF 2.0 and what it means for everyday investors in the years ahead.

Key Takeaways:

• Why supermarket real estate offers unique, stable returns
• Greenman’s sustainability initiatives and future-proofing assets
• How ELTIF 2.0 is changing investment access across Europe

You can connect with Greenman here:

https://www.linkedin.com/company/greenman-open/

Ask about wealth helps Ireland’s high earners preserve and grow wealth.

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In this episode of Ask About Wealth, we break down the essentials of mortgages to help you maximize savings and build long-term wealth. Whether you’re a first-time buyer, experienced homeowner, or exploring equity release, we’ve got you covered.

• Unlocking Savings: How shopping around can save you thousands on interest.
• Smart Borrowing: Using competition to negotiate better mortgage rates.
• Equity Release: Leveraging home equity to create new streams of wealth.
• The Power of Switching: Why reviewing your mortgage regularly pays off.
• Choosing the Right Broker: Key questions to ensure unbiased, whole-market advice.

Tune in and empower yourself to take control of your mortgage and your financial future.

Ask about wealth helps Ireland’s high earners preserve and grow wealth.

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In this episode, we sit down with Philly McMahon, eight-time All-Ireland winner, entrepreneur, journalist, and business owner, to uncover the mindset, discipline, and strategy that fuelled his transition from elite sport to business success.

🔹 The Power of Structure in Business & Life

Philly shares how a default diary helped him balance sport, business, and family—and how you can use the same tool to take control of your time.

🔹 High Performance in Sport vs. Business

What makes an elite athlete successful? Problem-solving, adaptability, and discipline. Philly explains how these exact traits translate into building a winning business.

🔹 Scaling a Business Without Massive Upfront Investment

Starting with just an attic space and bodyweight exercises, Philly built a thriving fitness business. Learn how he reinvested cash flow instead of taking on debt.

🔹 The Financial Pitfalls Entrepreneurs Must Avoid.

Philly shares the hard lessons he learned and how he now values time and wealth-building over short-term gains.

🔹 The Game Plan for Wealth & Financial Independence

What do Ireland’s most successful business people do differently? We discuss tax strategy, financial planning, and the difference between making money and building wealth.

For those looking to transition from employee to entrepreneur, or simply to build a business that works for you instead of consuming your life, this episode is packed with real-world insights from both sport and business.

Ask about wealth helps Ireland’s high earners preserve and grow wealth.

Learn More Here: https://linktr.ee/askaboutwealth

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Are you interested in securing a mortgage for an investment property with a premium broker? Ask About Wealth has partnered with several of Ireland's top brokers. If you'd like to be introduced to one, you can submit a request here: https://xep6a7it4qk.typeform.com/to/M04SxRkt

In this episode, we explore how property investment has historically been a major wealth creator in Ireland and its potential to continue this trend in the future. Analysing recent data from the Central Bank of Ireland, we examine the substantial rise in property values and rental yields over the past decade. The video offers actionable guidance on understanding the true costs of property investment and the impact of different financing methods, cash, buy-to-let mortgages, and equity release on returns.

Additionally, tax considerations and the benefits of investing through a pension fund are discussed to guide you in making informed property investment decisions.

🇮🇪 Ask About Wealth helps high-earners in Ireland keep & grow wealth

📱 Book a 1-1 consult & financial plan

🔑 Join the Masterclass

✉️ Join the newsletter

🎙️ Listen to the pod

https://linktr.ee/askaboutwealth

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Are you about to overpay your taxes… again?

Every year, Irish taxpayers leave €400 million in unclaimed reliefs behind them. And no, it’s not because they’re lazy. It’s because their accountants aren’t telling them about the biggest legal tax breaks available. Not because accountants are bad people, but because their job is to look backwards and file your taxes, not to look forwards and minimise them.

In this week’s Ask About Wealth episode, we break down 3 powerful, legal strategies that could slash your tax bill in 2025.

If you’re a business owner or high earner, these are worth thousands every year\

Note: There are visual aids in this episode, so you might prefer to watch this one on YouTube - https://www.youtube.com/watch?v=kmf_Y3Cx6ns

🇮🇪 Ask About Wealth helps high-earners in Ireland keep & grow wealth

📱 Book a 1-1 consult & financial plan

🔑 Join the Masterclass

✉️ Join the newsletter

🎙️ Listen to the pod

https://linktr.ee/askaboutwealth

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Markets are down, headlines are panicking, but should you be?

In this episode, Paul explains why most investors worry at exactly the wrong time and how to stay calm, rational, and profitable when markets drop.

💡 You’ll learn:

- Why "you haven’t lost money" unless you sell

- How pensions = stock market exposure (whether you realise it or not)

- The truth about lifestyle funds and automatic sell signals

- Why capitalism is built to boom and bust

- The McIlroy mindset every long-term investor needs

If you’re invested in the stock market directly or through a pension this is essential listening.

Ask about wealth helps Ireland’s high earners preserve and grow wealth.

https://linktr.ee/askaboutwealth

Hosted on Acast. See acast.com/privacy for more information.

This Week on the Ask About Wealth Podcast

Not all investments are created equal, and not all of them should do the same job.

In this episode, Paul breaks down the real reason most people mess up their investment strategy, and how to avoid it with the core and satellite approach.

💡 You’ll learn:

• Why your investment objectives matter more than your attitude to risk
• How to separate financial freedom assets from surplus assets
• The mistake of drawing income from growth-focused investments
• Why the financial industry’s idea of “risk” is actually just volatility
• How to match the right asset class to the right goal, using decades of history, not guesswork

This is essential listening if you’re building, protecting, or passing on serious wealth.

Ask about wealth helps Ireland’s high earners preserve and grow wealth.

https://linktr.ee/askaboutwealth

Hosted on Acast. See acast.com/privacy for more information.

This week on the Ask About Wealth Podcast we sit down with international tax strategist Peter Ferrigno to unpack the misunderstood world of tax residency and citizenship by investment and how the right move at the right time could legally save you millions.

In this episode:

🔹 Why residency planning matters long before a liquidity event

🔹 The truth about “Golden Visas” and how they really work

🔹 How to legally reduce (or eliminate) tax on capital gains, pensions, or dividends

🔹 The biggest misconceptions about becoming tax resident abroad

🔹 How high-income earners can access EU or global residency from €250K

This episode is a must-listen for anyone considering selling a business, relocating, or building global wealth intelligently.

You can get in contact with Peter directly here: https://www.instagram.com/peter.ferrigno/

Ask about wealth helps Ireland’s high earners preserve and grow wealth.

https://linktr.ee/askaboutwealth

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This week on the Ask About Wealth Podcast we’re joined by property investor and educator Gavin J. Gallagher, who went from a €60M fortune to -€16M debt, and rebuilt. This is a rare look inside the mindset, mistakes, and learnings of someone who has truly been through it all.

In this episode:

🔹The mindset traps that lead investors to over-leverage and under-think

🔹The 4 key forces that impact every investor, and how to manage them

🔹When (and how) to use leverage, structure, and private capital in property

🔹Why most people get property due diligence completely wrong

Essential listening for anyone serious about building wealth through property, and keeping it.

You can learn more about Gavin's coaching business here: https://www.elitepropertyaccelerator.com/

You can follow him on YouTube here: https://www.youtube.com/@behindthefacade

Ask about wealth helps Ireland’s high earners preserve and grow wealth.

https://linktr.ee/askaboutwealth

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In this episode of Ask About Wealth, we delve into the much-asked question: Should you borrow to create wealth?

The straightforward answer depends on a thorough analysis of the costs involved, which are far more than just the interest rate.

The video explores various costs including APR (Annual Percentage Rate), application fees, insurance, tax implications, and the time value of money. It emphasizes the importance of understanding all these factors to ensure that the return on investment outweighs the total cost of finance.

• Should You Borrow to Create Wealth?
• Understanding the True Costs of Borrowing
• Breaking Down Additional Costs
• The Impact of Taxes and Time Value of Money
• Making Informed Decisions

Ask about wealth helps Ireland’s high earners preserve and grow wealth.

https://linktr.ee/askaboutwealth

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This episode features Ken O'Malley shares his journey from a long career in aviation to entrepreneurship.

In this episode, you'll hear about:

• Ken's background at Shannon Aerospace

• His motivation for leaving a well-paid job to seek more control over his time.

• Early entrepreneurial steps with a crèche and a takeaway business, highlighting the importance of understanding profit and loss.

• Influences like "Rich Dad Poor Dad", which shaped his understanding of financial and decision-making differences.

• Insights from the aircraft leasing industry, which is fundamentally a financial business.

• The value of seeking expert advice, referencing his positive consultation experience.

Learn about entrepreneurial mindset, continuous improvement, the power of expertise, and the importance of financial understanding from Ken O'Malley's diverse business experience.

Ask about wealth helps Ireland’s high earners preserve and grow wealth.

https://linktr.ee/askaboutwealth

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Most property investors in Ireland are leaving thousands of euros on the table.

In this episode of Ask About Wealth, Paul sits down with Philip O’Connor, Managing Director of CA Partners, a specialist in capital allowances for property investors and businesses. Philip reveals how Irish taxpayers, individuals, landlords, and business owners are missing out on legitimate tax relief simply because they don’t know it exists or lack the right expertise to claim it.


✅ What capital allowances are and why they matter

✅ Why most accountants don’t identify all the allowances you’re entitled to

✅ How you can retroactively claim allowances for up to 4 years and get cash refunds from Revenue


✅ The kind of properties and expenses that qualify


✅ Two real client examples where missed claims turned into tens of thousands in savings

00:00 Introduction to the Ask About Wealth Podcast

00:29 Meet Philip O'Connor: Capital Allowances Specialist

02:02 Understanding Capital Allowances

02:26 Types of Capital Allowances

04:15 Claiming Capital Allowances: Process and Benefits

08:11 Missed Opportunities and Retroactive Claims

13:32 Detailed Breakdown of Property Purchases

22:41 Client Case Study: Rental Properties

23:25 Analysing and Correcting Tax Claims

24:22 Significant Tax Savings for Clients

29:04 The Importance of Specialist Expertise

36:31 The Role of Revenue in Tax Claims

40:46 Encouraging Property Owners to Claim Allowances

If you own an investment property, are developing or refurbishing a building, or have spent serious money on your business premises, you’re probably entitled to more tax relief than you think.

This episode could put money back in your pocket.

Join The Masterclass:

https://askaboutwealth.ie/MasteringYourFinances

Ask About Wealth helps Ireland’s high earners preserve and grow wealth:

https://linktr.ee/askaboutwealth

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Should You Repay Your Mortgage Early? The Pros & Cons Explained.

In this episode, we delve into the question of whether you should repay your mortgage early. With recent statistics showing substantial mortgage debt in Ireland, we examine the pros and cons of early repayment versus investing the money.

Utilising real-life examples and detailed calculations, we compare the financial and emotional impacts of both strategies. From guaranteed returns and peace of mind to opportunity costs and investment returns, this comprehensive guide will help you make an informed decision based on your financial priorities and risk appetite.

Join The Masterclass:

https://askaboutwealth.ie/MasteringYourFinances

Ask About Wealth helps Ireland’s high earners preserve and grow wealth:

https://linktr.ee/askaboutwealth

Hosted on Acast. See acast.com/privacy for more information.

In this episode of Ask About Wealth, Paul tackles one of the most misunderstood yet life-changing ideas in finance: the FIRE movement, Financial Independence, Retire Early. With just 3% of Irish people believing they can retire by 55, Paul explores why the majority are stuck in the rat race and how you can break free.

Learn how to calculate your financial freedom number, avoid the traps set by biased financial advice, and understand the real impact of tax and fees on your wealth. This episode offers a clear, actionable roadmap to becoming financially free, even if you’re starting late.

Key Takeaways:

• The 5 essential questions you must answer to calculate your “freedom number”
• How tax and fees silently erode your wealth, and how to stop it
• Why investing through a pension can double your return vs. doing it personally
• How starting early (like Alex) can shave 10+ years off your working life
• Why most financial advice is biased, and what impartial advice really looks like

You can use the Financial Freedom calculator here:

https://askaboutwealth.ie/tools/financial-freedom-calculator

Join The Masterclass:

https://askaboutwealth.ie/MasteringYourFinances

Ask About Wealth helps Ireland’s high earners preserve and grow wealth:

https://linktr.ee/askaboutwealth

Hosted on Acast. See acast.com/privacy for more information.

In this episode of Ask About Wealth, Paul sits down with Andrea McNamara, Director, Private Client Law at EY Ireland, to dissect the real-life pitfalls of inheritance planning in Ireland. From outdated wills to misunderstood tax implications.

• When and how wills can be legally challenged 
• Common clauses that sound good but can cause major problems later
• How trusts and family partnerships can be powerful tools in legacy planning
• Why high-net-worth families often need a more sophisticated structure than just a will

If you want to understand inheritance tax in Ireland, then this episode is essential listening.

Join The Masterclass:

https://askaboutwealth.ie/MasteringYourFinances

Ask About Wealth helps Ireland’s high earners preserve and grow wealth:

https://linktr.ee/askaboutwealth

Hosted on Acast. See acast.com/privacy for more information.

Using a cautionary tale from the Celtic Tiger days and hard-earned experience, Paul exposes how biased information leads to poor decisions, and why impartial guidance is rarer (and more valuable) than most people realise.

Key Takeaways:

• The costly Budapest property story every investor should hear
• How to tell if your financial advice is truly independent
• Why even factually correct information can still mislead
• The one rule Ireland’s wealthy follow, and you should too

If you want to make smarter, more informed financial decisions, without getting sold to then this episode is essential listening.

Join The Masterclass:

https://askaboutwealth.ie/MasteringYourFinances

Ask About Wealth helps Ireland’s high earners preserve and grow wealth:

https://linktr.ee/askaboutwealthJoin the Masterclass:

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In this episode, Paul sits down once again with Aidan McLoughlin, Group Managing Director of ITC, to discuss how pensions can be used far beyond traditional retirement saving, as powerful tools for long-term wealth accumulation, tax sheltering, property investment, and legacy planning.

They also dig into Malta-based retirement structures, why more Irish clients are using them, and how they can legally reduce tax and increase flexibility.

Some episode highlights:

•The overlooked tax and asset protection benefits of private pension structures

•How Irish pension rules compare to Malta’s, and why flexibility matters

•Pension borrowing, non-recourse lending, and property investing within your fund

•The mistake in pension death benefits most people don’t see coming

•Why early pension planning is now more crucial than ever

This is a must-listen for entrepreneurs, consultants, and professionals looking to preserve wealth, protect family assets, and retire on their own terms.

Join The Masterclass:

https://askaboutwealth.ie/MasteringYourFinances

Ask About Wealth helps Ireland’s high earners preserve and grow wealth:

https://linktr.ee/askaboutwealthJoin the Masterclass:

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In this episode, Paul talks with private equity expert Kevin MacSweeny about how entrepreneurs can release equity, unlock value, and scale their businesses. Without losing control.

Key takeaways:

• Why equity release can help founders de-risk and still double or triple their business
• The difference between working in the business vs. on the business, and why it matters
• Why minority equity stakes don’t mean minority control (if structured properly)
• How private investors access deals with real ownership and alignment, not just products
• What kind of businesses attract private equity: the numbers, the mindset, and the journey

Ask about wealth helps Ireland’s high earners preserve and grow wealth.

https://linktr.ee/askaboutwealth

Hosted on Acast. See acast.com/privacy for more information.

Sole Trader vs. Partnership vs. Limited Company: Which is Best for Your Business in Ireland?

In this video, we delve into the three primary business structures in Ireland. Sole tradership, partnership, and limited companies. We explore the tax implications, risks, and wealth creation potential associated with each structure.

Learn why limited companies often offer superior tax benefits and greater asset protection. If you're deciding on the best structure for your business, this video provides essential insights to help you make an informed choice.

Ask about wealth helps Ireland’s high earners preserve and grow wealth.

https://linktr.ee/askaboutwealth

Hosted on Acast. See acast.com/privacy for more information.