Nixon Alexander Financial Services
Nixon Alexander Financial Services Ltd. was established in 2004 and is situated in Meetinghouse Street, Raphoe, Co. Donegal. Our clients benefit from years of experience in providing financial advice on a range of services including Lifecover, Specified Illness Benefit, Pensions, Savings & Investments, Income Protection.
We are regulated by the Central Bank of Ireland. We hold agencies with a number of product providers which gives us a wide spectrum of choice in relation to company and product ensuring that our clients get the choice of the best possible option for them at all times.
Nixon Alexander Financial Services Ltd. is regulated by the Central Bank of Ireland. Member of Brokers Ireland. Directors: Nixon Alexander, Siobhan Alexander. Reg No. 442665
ABOUT US
Nixon Alexander Financial Services Ltd. comprises Nixon Alexander (Director) and Siobhan Alexander (Director). Between us we offer our clients a wealth of experience in the financial services industry. We strive to keep our clients informed at all times about their business with us, keeping them up to date with new developments. We have confidence in our ability to give top quality service with the best products available.
OUR TEAM
Nixon Alexander Financial Advisor
Nixon has worked in the Insurance industry since 1991.
Siobhan Alexander Financial Advisor
Siobhan has worked in the Insurance industry since 1988.
Nixon Alexander Financial Services Ltd. is regulated by the Central Bank of Ireland. Member of Brokers Ireland. Directors: Nixon Alexander, Siobhan Alexander. Reg No. 442665
LIFE & CRITICAL ILLNESS COVER
Not sure of where to start? Don’t worry! We can help find the right life insurance cover for your needs.
What is term life cover?
- Life Insurance Cover for a specific time period
- Life insurance cover that protects the well-being of your family
- Helps them cope financially when you are not able to help them
- Can cover more than one person on the same life cover policy
- Increased cover at times when you need it
What is it?
- Cover taken out on the life of persons who are key to the operation of your business
- Minimises the interruption death or serious illness can have on business activity
- Assists with unpaid debt and other financial problems
What is guaranteed mortgage protection cover?
- Life Assurance that decreases over a chosen time period such as your mortgage term
- For anyone looking to protect their home by helping clear their mortgage if they die or become seriously ill and can’t pay their mortgage
- Protects your home by helping clear your mortgage if you die
- Can cover you for many illnesses and disabilities
- Can cover more than one person on the same policy
- Increased cover at times when you need it
What is guaranteed whole of life cover?
- Life cover that lasts for a whole lifetime and not a specific term (e.g. to age 65)
- Who is guaranteed whole of life cover for?
- Anyone looking to protect loved ones from a large inheritance tax bill when they die
- Can cover the inheritance tax your family is liable for when you die
- Means the people that matter to you are financially protected when you die
Nixon Alexander Financial Services Ltd. is regulated by the Central Bank of Ireland. Member of Brokers Ireland. Directors: Nixon Alexander, Siobhan Alexander. Reg No. 442665
MORTGAGE PROTECTION
GUARANTEED MORTGAGE PROTECTION
What is guaranteed mortgage protection cover?
- Life assurance that decreases over a chosen time period such as your mortgage term.
- For anyone looking to protect their home by helping clear their mortgage if they die or become seriously ill and can’t pay their mortgage.
- Protects your home by helping clear your mortgage if you die.
- Can cover you for many illnesses and disabilities.
- Can cover more than one person on the same policy.
- Increased cover at times when you need it.
Nixon Alexander Financial Services Ltd. is regulated by the Central Bank of Ireland. Member of Brokers Ireland. Directors: Nixon Alexander, Siobhan Alexander. Reg No. 442665
Income Protection
PROTECT THE LIFESTYLE YOU HAVE WORKED HARD TO ACHIEVE!
Have you thought about what would happen to your lifestyle if an injury or illness were to prevent you from working and earning an income?
How would you pay for your mortgage, energy bills, personal or car loans, education and the upkeep of your home?
If the worst was to happen, you might think that you could rely on your employer to provide you with an income while you are sick or injured and unable to work. However, research shows that less than 15% of workers in Irish companies would receive sick pay from their employers for more than six months*, while those who are self-employed would receive no sick pay at all.
*Source: Lansdowne Market Research, April 2007
This means that 85% of private sector employees would be fully reliant on the State Illness Benefit if ill or injured. In 2009, this would entitle them to just €10,624 per year for a single person. For those who are self-employed, they are not eligible for even this benefit.
Fortunately, there is an answer. It’s called Income Protection, and it ensures that if an illness or injury prevents you from working, then your lifestyle can be protected. It covers you for any illness or injury which prevents you from working. Income Protection is a very straightforward way of ensuring that your most pressing financial commitments are met and offers you complete peace of mind.
With Income Protection you pay a monthly premium which is based on your occupation, your health, your income and the level of financial protection you require. You can protect up to 75% of your income, up to a limit of €175,000 per annum**, less the applicable Social Welfare entitlements. You decide what age you want your policy to finish at, with a choice of ceasing ages available – 55, 60, or 65.
** Subject to the following formula: 75% of the first €125,000 of earned income (less BIK’s), plus 33% of the balance, to a maximum of €175,000 p.a., less Social Welfare entitlements.
Source: Friends First
WHY NOT TALK TO US TODAY ABOUT YOUR INCOME PROTECTION OPTIONS?
Nixon Alexander Financial Services Ltd. is regulated by the Central Bank Of Ireland. Member of Brokers Ireland. Directors: Nixon Alexander, Siobhan Alexander. Reg No. 442665
LUMP SUM INVESTMENTS
- Before deciding what to do with your money, think about:
- Your financial goals – Are you saving for the long or the term?
- Your attitude to risk – You need to decide which funds to invest in.
WARNING: THE VALUE OF YOUR INVESTMENT MAY GO DOWN AS WELL AS UP
Nixon Alexander Financial Services Ltd. is regulated by the Central Bank Of Ireland. Member of Brokers Ireland. Directors: Nixon Alexander, Siobhan Alexander. Reg No. 442665
REGULAR SAVINGS
Before deciding what to do with your money, think about:
Your financial goals – Are you saving for the long or the term?
Your attitude to risk – You need to decide which funds to invest in.
Lump-sum investments or regular savings? By saving regularly, you smooth out the return on your investment.
Nixon Alexander Financial Services Ltd. is regulated by the Central Bank Of Ireland. Member of Brokers Ireland. Directors: Nixon Alexander, Siobhan Alexander. Reg No. 442665
PENSIONS & PRSA’S
Don’t worry if you find pensions complicated! We can help you find the right pension product for your needs.
Are you …
an employer?
an employee?
self employed?
changing jobs?
Looking to set up an occupational pension scheme?
- Group Pension Plan – Pensions that are provided by an employer.
- Group PRSA Plan – PRSA pensions that are administered on a group basis.
If you are an employee in non-pensionable employment, you have 2 options for your
- pension. These are:
- Personal Pension Plan
Personal Retirement Savings Account (PRSA) Pension Plan
Both offer:
- Tax relief on all pension contribution
- Any investment growth is also tax-free
- Flexibility – you decide how much to contribute to your pension
- Stop and restart contributions at no extra cost
- The most suitable choice of pension will depend on your own circumstances
- Additional Voluntary Contributions (AVCs)
- If you are a member of an occupational pension scheme, then you may be in a position to improve the benefits you receive on retirement by making AVCs.
If you are self-employed and looking to set up a pension you have 2 options: A Personal Pension Plan
- A Personal Retirement Savings Account (PRSA) Pension Plan
- Personal Pensions and PRSAs help you plan for your retirement and both offer:
- Tax relief on all pension contributions
- Pension investment growth is also tax-free
- Flexibility – you decide how much to contribute to your pension plan<
- Stop and restart pension contributions at no extra cost
If you are changing jobs you may need:
- Retirement Bonds
This lets you take your pension entitlement with you when changing job without having to transfer it to your new employer’s pension scheme. - PRSA Pension
If you want to save for retirement but plan to change jobs soon you should consider taking out a PRSA pension. This is a retirement account you can take with you each time you change job.
Nixon Alexander Financial Services Ltd. is regulated by the Central Bank Of Ireland. Member of Brokers Ireland. Directors: Nixon Alexander, Siobhan Alexander. Reg No. 442665
Contact Us
074-9173561
siobhan@alexanderfs.ie
Nixon Alexander Financial Services LTD
Meetinghouse Street,
Raphoe, Donegal
OPENING HOURS
Monday – Friday: 9.30 – 5.00
Appointments Arranged Around You
Evening appointments are also available.
