{"id":14027,"date":"2021-07-08T10:57:45","date_gmt":"2021-07-08T09:57:45","guid":{"rendered":"https:\/\/www.ccpc.ie\/consumers\/?page_id=14027"},"modified":"2023-09-01T13:00:56","modified_gmt":"2023-09-01T12:00:56","slug":"explainer-pension-videos","status":"publish","type":"page","link":"https:\/\/ccpc.inventise.ie\/consumers\/money\/pensions\/explainer-pension-videos\/","title":{"rendered":"Explainer pension videos"},"content":{"rendered":"<p><strong>Pensions are complex products and can be difficult to understand. In the videos below, Eoin McGee, host of CCPC-sponsored TV show How to be Good With Money, helps explain four pension-related topics<\/strong>.<\/p>\n<h2>How does compound interest work?<\/h2>\n<p>Compound interest is the interest you earn on both the money you invest in your pension pot and on the interest that your pension pot earns.<\/p>\n<div class=\"vimeowrap\">\n<div class=\"cookie_custom_notice\" style=\"width: 100%; height: 442px; background: #ddd; border: 1px solid #ccc; padding: 20px;\">\n<h4>Compound interest &#8211; CCPC pensions<\/h4>\n<p>This video explains how compound interest works when it comes to your pension.<\/p>\n<p><i>Please accept functional cookies to watch this video.<\/i><\/p>\n<p><!-- OneTrust Cookies Settings button start --><br \/>\n<a class=\"optanon-toggle-display custom-cookie-button\" style=\"padding: 10px; background: #3c763d; color: white; cursor: pointer;\">Change Cookie Settings<\/a><\/div>\n<p><iframe loading=\"lazy\" class=\"iframe\" style=\"text-align: left; float: left;\" frameborder=\"0\" height=\"442\" src=\"https:\/\/player.vimeo.com\/video\/571645918\" width=\"785\"><\/iframe><br \/>\n<\/div><!--\/vimeowrap--><div class=\"clear\"><\/div><\/p>\n<h2>Tax benefits of a pension<\/h2>\n<p>Contributing to your pension enables you to benefit now and in the future. When you contribute to your pension, you will receive tax relief at source on those contributions, within limits set out by Revenue.<\/p>\n<div class=\"vimeowrap\">\n<div class=\"cookie_custom_notice\" style=\"width: 100%; height: 442px; background: #ddd; border: 1px solid #ccc; padding: 20px;\">\n<h4>Tax benefits &#8211; CCPC Pensions<\/h4>\n<p>This video explains the tax benefits of a pension.<\/p>\n<p><i>Please accept functional cookies to watch this video.<\/i><\/p>\n<p><!-- OneTrust Cookies Settings button start --><br \/>\n<a class=\"optanon-toggle-display custom-cookie-button\" style=\"padding: 10px; background: #3c763d; color: white; cursor: pointer;\">Change Cookie Settings<\/a><\/div>\n<p><iframe loading=\"lazy\" class=\"iframe\" frameborder=\"0\" height=\"442\" src=\"https:\/\/player.vimeo.com\/video\/571650568\" width=\"785\"><\/iframe><br \/>\n<\/div><!--\/vimeowrap--><div class=\"clear\"><\/div><\/p>\n<h2>What is a PRSA?<\/h2>\n<p>A Personal Retirement Savings Plan (PRSA) is a type of personal pension. However, unlike other types of personal pensions, you do not have to be working to invest in a PRSA.<\/p>\n<div class=\"vimeowrap\">\n<div class=\"cookie_custom_notice\" style=\"width: 100%; height: 442px; background: #ddd; border: 1px solid #ccc; padding: 20px;\">\n<h4>PRSA &#8211; CCPC pensions<\/h4>\n<p>This video explains what a PRSA is and how it works.<\/p>\n<p><i>Please accept functional cookies to watch this video.<\/i><\/p>\n<p><!-- OneTrust Cookies Settings button start --><br \/>\n<a class=\"optanon-toggle-display custom-cookie-button\" style=\"padding: 10px; background: #3c763d; color: white; cursor: pointer;\">Change Cookie Settings<\/a><\/div>\n<p><iframe loading=\"lazy\" class=\"iframe\" frameborder=\"0\" height=\"442\" src=\"https:\/\/player.vimeo.com\/video\/571649154\" width=\"785\"><\/iframe><br \/>\n<\/div><!--\/vimeowrap--><div class=\"clear\"><\/div><\/p>\n<h2>What is a defined contribution pension scheme?<\/h2>\n<p>A defined contribution pension is a type of occupational pension scheme. The value of a defined contribution pension depends on the amount of money you have invested (and your employer if they also contribute) and how the pension fund has performed over the years.<\/p>\n<div class=\"vimeowrap\">\n<div class=\"cookie_custom_notice\" style=\"width: 100%; height: 442px; background: #ddd; border: 1px solid #ccc; padding: 20px;\">\n<h4>Defined Contribution &#8211; CCPC Pensions<\/h4>\n<p>This video explains what a defined contribution pension is.<\/p>\n<p><i>Please accept functional cookies to watch this video.<\/i><\/p>\n<p><!-- OneTrust Cookies Settings button start --><br \/>\n<a class=\"optanon-toggle-display custom-cookie-button\" style=\"padding: 10px; background: #3c763d; color: white; cursor: pointer;\">Change Cookie Settings<\/a><\/div>\n<p><iframe loading=\"lazy\" class=\"iframe\" frameborder=\"0\" height=\"442\" src=\"https:\/\/player.vimeo.com\/video\/571648016\" width=\"640\"><\/iframe><br \/>\n<\/div><!--\/vimeowrap--><div class=\"clear\"><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pensions are complex products and can be difficult to understand. In the videos below, Eoin McGee, host of CCPC-sponsored TV show How to be Good With Money, helps explain four pension-related topics. How does compound interest work? Compound interest is &hellip;<\/p>\n","protected":false},"author":207,"featured_media":0,"parent":12921,"menu_order":8,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"tags":[],"class_list":["post-14027","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Explainer pension videos - CCPC Consumers<\/title>\n<meta name=\"description\" content=\"The Competition and Consumer Protection Commission is an independent statutory body that enforces competition and consumer protection law in Ireland\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Explainer pension videos - 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