Last Friday, 10th November, Omega was delighted to host its inaugural Retirement Planning Seminar – with a specific focus on General Practitioners. The event was attended by GPs from all corners of the country looking to learn more about the Retirement Planning Process.
Delegates fed back that they found the event to be ‘Excellent, Well Worthwhile & Would definitely recommend to colleagues.’ They found it to be ‘informative yet relaxing’ with ‘very relevant topics’ delivered by articulate speakers. 93% stated that their learning objectives were completely or mostly met.
A panel of expert speakers covered a wide range of relevant and important topics. The morning session commenced with a talk by Trea McGuinness (Solicitor, Porter Morris) ‘Managing Your Affairs, Wills & Inheritance’.
Trea discussed the essential nature of will-making particularly when it comes to complex situations such as looking after vulnerable dependents, second marriages, foreign held assets etc. Her talk also covered Capital Acquisitions Tax (CAT), a tax payable by beneficiaries in respect of gifts and inheritances received.
During Session 2, GMS Pension Scheme Entitlements were dissected by Omega MD John O’Connor. A popular topic due to its often confusing nature, there was a large Q&A discussion after the main presentation.
After lunch, Dr Andrée Rochfort (Director of Doctor’s Health ICGP) invited delegates to switch gears and think about what Retirement will look like for them, their plans and aspirations for the next stage of their lives and the importance of managing health-care and self-care.
Finally, Steven Lynch (Medaccount) tackled the practice ownership transition process, offering a range of models including Outright Purchase, Work In Model and a hybrid of both.
The Radisson St Helens (Dublin) provided a comfortable and stylish backdrop for the event and delegates enjoyed the opportunity to catch up over a private lunch at the Talavera Restaurant.