Mercer Short Duration Fixed Income Fund Class Y-3 · NASDAQ:MSDYX
Mercer Short Duration Fixed Income Fund Class Y-3 — Mercer (Ireland) — Investor Presentation (2021)
37 slides from Mercer Short Duration Fixed Income Fund Class Y-3's investor presentation, 2021
Slide 1: Use new money for a brighter old age
use new money for a brighter old age Aspire Webinar Series Presenter – Alan Carter Producer – Aonghus Collins
Slide 2: What we'll cover today
Use new money for a brighter old age What we’ll cover today The earlier you start to save, the less it will cost you Your organisation and the government will help you save for retirement Using a salary increase to fund regular pension contributions Using a bonus to fund a once off contribution This
Slide 3: What do you love to do today?
What do you love to do today? Copyright 2020 Mercer (Ireland) Ltd. All rights reserved. 9
Slide 4: What are you looking forward to in retirement?
What do you love What are you looking to do today? forward to in retirement? Copyright 2020 Mercer (Ireland) Ltd. All rights reserved. 15
Slide 5: Saving for retirement without cutting spending
What Whatifdoweyou told you there was a way toWhat love save for areretirement, you looking without cutting spending on all the things to do today? youtolove forward today? in retirement? = Copyright 2020 Mercer (Ireland) Ltd. All rights reserved. 16
Slide 6: The Irish pension system
THE IRISH PENSION SYSTEM PENSION PENSION STATE PRIVATE EMPLOYER INCOME / SAVINGS Copyright 2020 Mercer (Ireland) Ltd. All rights reserved. 17
Slide 7: €10,000 additional annual income in retirement
Let’s say you wanted an additional annual income of €10,000 in retirement You would need to save roughly €250,000
Slide 8: The earlier you start to save, the less it will cost you
The earlier you start to save, the less it will cost you €250,000 €250,000 €200,000 €150,000 €100,000 €50,000 €0 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 €6,200 p.a. €10,300 p.a. €186,000 total €206,000 total Copyright 2020 Mercer (Ireland) Ltd. All r
Slide 9: Save €6,200 every year? You're joking, right?
Save €6,200 every year? You’re joking, right?
Slide 10: Plan information links
Mercer Administered Plans: https://bit.ly/HowThePensionPlanWorks Zurich Administered Plans: https://bit.ly/HowThePensionPlanWorks_DC_IP
Slide 11: How can you save €250,000? Get help from your employer
How can you save €250,000? How can you save €250,000? Get help from your employer Don’t miss out! • Your pension plan is a great way to save more for a brighter future • Your employer contributes towards If you aren’t already a your benefits member, join your plan, • Investment are easy to choose an
Slide 12: How can you save €250,000? With help from the government
How can you save €250,000? With help from the government How much would it With Standard Rate cost YOU to With Higher Rate Income Tax Relief make an AVC worth Income Tax Relief 20% 40% €80 €100 €60 Copyright 2020 Mercer (Ireland) Ltd. All rights reserved. 24
Slide 13: How much can you pay tax free?
How can you save €250,000? <30 How much can you pay tax free? 15% 30 • You may pay contributions up to 20% Revenue limits, in any tax year, based 35 on your age and on a percentage of your total remuneration 20% 40 • Total remuneration cap of €115,000 for tax relief applies 25% 45 • Total remunerati
Slide 14: Your money works harder for you in a pension plan
How can you save €250,000? Your money works harder for you in a pension plan Option 1: Save in a bank Option 2: Option 3: Invest your money Make AVCs to your Plan You would need to save You would need to save You would need to save €8,350 per year €6,900 per year €6,200 per year Assumptions Assumpti
Slide 15: Pension plan cost at 20% income tax
How can you save €250,000? Your money works harder for you in a pension plan Option 1: Option 3: Save in a bank Option 2: Make AVCs to your Invest your money Plan If you pay 20% income tax, You would need to save You would need to save the cost in take home pay is €8,350 per year €6,900 per year €4,
Slide 16: Pension plan cost at 40% income tax
How can you save €250,000? Your money works harder for you in a pension plan Option 1: Save in a bank Option 2: Option 3: Invest your money Make AVCs to your Plan If you pay 40% income tax, You would need to save You would need to save the cost in take home pay is €8,350 per year €6,900 per year €3,
Slide 17: How do you save more for tomorrow without cutting today's spending?
So … how do you save more for tomorrow, without cutting today’s spending? = Copyright 2020 Mercer (Ireland) Ltd. All rights reserved. 32
Slide 18: Save money you're not used to spending yet!
Save money you’re not used to spending yet!
Slide 19: Save money you're not used to spending yet!
Check out this Save money you’re not used to spending yet! video to find out more Use your next salary Use your next bonus increase to boost your to save in your pension regular contributions and get income tax back http://bit.ly/LumpSum AVCWebinar CLICK ME OR SCAN ME Copyright 2020 Mercer (Ireland)
Slide 20: Example – Using salary increases to boost regular contributions
Save money you're not used to spending yet! Example – Using salary increases to boost for regular contributions • Jane is 35 years old • She wants to save €250,000 by age 65 • She has a salary of €45,000 • She is a member of her plan • She currently pays a total contribution of 5% • She receives the
Slide 21: Example – Increasing contributions by 2% for 2 years
Save money you're not used to spending yet! Example – Using salary increases to boost for regular contributions • Jane gets a 3% salary increase each Increasing contributions by 2% for 2 years year • She uses 2% each year to increase €250,000 her contributions • She still has 1% extra each year Base
Slide 22: Example – Using a bonus to make a once off contribution
Save money you're not used to spending yet! Example – Using a bonus to make a once off contribution • Bob is 35 years old • He has a salary of €45,000 • He currently makes total contributions of 15% of salary Copyright 2020 Mercer (Ireland) Ltd. All rights reserved. 38
Slide 23: Example – Bob's tax-free contribution limit
Save money you're not used to spending yet! Example – Using a bonus to make a once off contribution • Bob gets a gross bonus worth 10% of <30 his salary this year 15% 30 • At age 35, Bob could contribute up to 20% 20% of his salary, free of income tax 35 • He is already contributing 15% 20% BOB 40 •
Slide 24: Example – Cash bonus versus pension contribution
Save money you're not used to spending yet! Example – Using a bonus to make a once off contribution • The cash half of Bob’s 10% bonus is worth 5% of his Salary: €2,250 • • Bob pays 40% income tax So his cash payment will be taxed €900 (or more!) €2,250 - €900 = €1,350 Bonus 40% Income Tax Take home
Slide 25: Example – Contribution grows to €4,000 by age 65
Save money you're not used to spending yet! Example – Using a bonus to make a once off contribution €4,500 • Bob’s once off contribution of €2,250 is invested at age 35 €4,000 • With an investment return of 2% p.a. At age 65 after inflation by age 65 it would have grown to €4,000 €3,500 €4,000 €3,00
Slide 26: Example – €1,350 cost for €4,000 in retirement
Save money you're not used to spending yet! Example – Using a bonus to make a once off contribution • So, for a cost of just €1,350 in terms of equivalent take home pay, Bob will get €4,000 to spend in retirement! • And he still has €1,350 extra to enjoy today €1,350 = €4,000 Equivalent take home pa
Slide 27: Got a salary increase? Increase your regular contributions
Got a salary increase? Here’s how to increase your regular contributions If your Plan is If your Plan is administered by Mercer administered by Zurich www.merceroneview.ie Manage My Contributions Email: aspire@zurich.com Or phone: (01) 799 2941 If in doubt, see your plan documentation for confirmati
Slide 28: Got a bonus? Make a once off contribution
Got a bonus? Here’s how to make a once off contribution Download the form / worksheet https://linktr.ee/NewMoneyOldAge_EE_ZoomAndWebEx Copyright 2020 Mercer (Ireland) Ltd. All rights reserved. 44
Slide 29: Make a New Year's Resolution to use new money for your old age
Make a New Year’s Resolution to use new money for your old age! Maximise the company matched Join your Plan contributions you are receiving (if you haven’t already done so) (if you haven’t already done so) Use your next salary increase Use your next bonus to boost your to save in your pension regula
Slide 30: Next steps
next steps 46
Slide 31: Next steps: where to find information or take action
Next steps Where to find information or take action Contact information Mercer administered plans Zurich administered plans Website www.merceroneview.ie www.zurich.ie/connect/“yourcompanyname” Online query https://bit.ly/ContactJustASK Email JustASK@mercer.com aspire@zurich.com Call +353 (0)1 411850
Slide 32: Over to you: the JustASK member helpline
Check out this Over to you video to find Help me to help you! The JustASK member helpline Provide me with as out more much information as you can. The JustASK team are our friendly member support team. Submit a query: bit.ly/ContactJustASK Send an email: JustASK@mercer.com Call the help line: +353 (
Slide 33: Don't let your savings just float away!
don’t let your savings just float away! THOUSANDS OF PENSIONS GO UNCLAIMED because we can’t find the benefactor Contact your administrator to register your permanent PERSONAL EMAIL ADDRESS If you are in touch with FORMER COLLEAGUES, encourage them to register their email address too
Slide 34: There are loads of great videos available
There are loads of great videos available Getting the most Explainers Webinars on from your Plan demand Mercer Administered Plans: https://bit.ly/MercerAspireVideos Zurich Administered Plans: https://bit.ly/MercerAspireVideos-DC-IP
Slide 35: Need more? Download resources
Need more? Download resources from the link below https://linktr.ee/NewMoneyOldAge_EE_ZoomAndWebEx Recording of this webinar will be added to the above link in a few days Copyright 2021 Mercer (Ireland) Ltd. All rights reserved.
Slide 36: Welcome to a brighter old age
welcome to brighter
Slide 37: Mercer regulatory and legal notice
Mercer (Ireland) Ltd., trading as Mercer, is regulated by the Central Bank of Ireland. Registered Office: Charlotte House, Charlemont Street, Dublin 2. Registered in Ireland No. 28158. Directors: Brian Caulfield, John Mercer, Mary O’Malley, Cara Ryan and Vincent Sheridan. This document contains conf