Growing up in an Irish household family has always been very important to me. That concern, which we all share, led me to study how individuals can look after themselves and their families in a tax efficient manner. My mother worked as a teacher in the UK for many years and when I looked into the state of the UK pension system I was shocked by what I found.
Year on year the UK Defined Benefit pensions system has ailed with the vast majority (79.8%) of such schemes having more liabilities than assets. This will lead to a day when retirees look to claim from their schemes only to find that there is not enough money and therefore they will have to live on less. It was this realisation of wh...