Prendergast Maguire Financial Services Ltd is regulated by the Central Bank of Ireland as a Multi-Agency Intermediary under the Investment Intermediaries Act, 1995; as a mortgage intermediary authorised under the Consumer Credit Act, 1995, and as an insurance intermediary registered under the European Communities (Insurance Mediation) Regulations, 2005. The Central Bank of Ireland holds registers of regulated firms. You may contact the Central Bank of Ireland on (01) 410 4000 or, alternatively, visit their website on to verify our credentials.

Prendergast Maguire Financial Services Ltd is a member of the Professional Insurance Brokers Association (PIBA). As a member of PIBA we must be in a position to place insurance with at least five insurers of the relevant form and, therefore, can generally give consumers greater choice than agents and tied agents.

As a Multi-Agency Intermediary, we can provide advice in relation to products for which we hold an agency, and can place business on your behalf with those product producers. Prendergast Maguire Financial Services Limited can provide advice on and arrange products from the following range:

• Life, pensions and general insurance policies
• PRSAs
• Investments and Tracker Bonds
• Deposits
• Mortgages
• Mortgages

A full list of insurers, product producers and lending agencies appears on Our Product Suppliers page.

We are a member of the Investor Compensation Scheme established under the Investor Compensation Act, 1998. This legislation provides for the establishment of a compensation scheme and to the payment in certain circumstances of compensation to clients of firms covered by the Act, to the extent that the client’s loss is recognised for the purpose of the Act. For further information please contact the Investor Compensation Company Ltd (01) 224 4995. Your legal rights are not affected by this scheme.

In addition to the Investor Compensation Scheme we also hold Professional Indemnity Insurance.

It is in your best interests that you review, on a regular basis, the products which we have arranged for you. As your circumstances change, your needs will change. You must advise us of those changes and request a review of the relevant policy so that we can ensure that you are provided with up–to–date advice and products best–suited to your needs. Failure to contact us of changes in your circumstances, or to request a review, may result in you having insufficient insurance cover and/or inappropriate investments.

It is our policy to avoid any conflicts of interest when providing business services to clients. However, where an unavoidable conflict may arise we will advise you in writing before providing any such service. If you have not been advised of any conflict you may assume that none arises.

We have written procedures in place for the effective consideration and handling of complaints. Any complaint that you may have should be addressed in writing to the Compliance Officer, Prendergast Maguire Financial Services Ltd, Mountkennedy Town Centre, Newtownmountkennedy, Co Wicklow. We will acknowledge your complaint within 5 business days and we will fully investigate it.

A full copy of our complaints procedure is available on request. If you are dissatisfied with our handling of the complaint, or our response to it, you may refer the issue to the Financial Services Ombudsman or the Pensions Ombudsman as appropriate.

The suitability of all financial products depends on many factors and we undertake to use our experience and expertise in considering all relevant factors before recommending any product to you. In order for us to fully assess your financial needs it is important that you provide all information we request from you. If you do not do so the advice we provide may not be as suitable had the full information been provided.

Before purchasing any product you will be advised of the product’s suitability and given a statement of reasons why, in our opinion, the product is suitable for your needs. All advice given will be based on our understanding of current law and Revenue practice. It may be that subsequent changes might effect the recommendations that have been made, and these may need to be reviewed as a result.

Payments should be made in favour of the provider of the product and not to us. We will issue a receipt for each payment received.

The law in the Republic Of Ireland deems insurance to be a special class of contract which imposes onerous duties upon the Prospective Insured and their Agents, who are obliged to act with utmost good faith towards Insurers at all times. In addition, they are obliged to disclose to Insurers, before the contract is concluded, all material information that is known to them.

If there is any breach of these duties the Insurers will be entitled to cancel the policy of insurance from inception, if the breach induced the making of the contract on the relevant terms, as well as seeking the recovery of all claims already paid under the policy.

These duties of utmost good faith and disclosure also apply to the claims process. In completing a proposal form or claim form or other documentation relating to an insurance policy, the accuracy of all answers, statements and/or information is your sole responsibility.

Claims should be advised to the insurer when the claim arises. The insurer will advise you of its claims requirements and provide you with a copy of its claims process on request. If you experience any difficulty with the insurer’s claims process you should contact us.

We seek mortgages, insurance and investment contracts for you from Institutions with which we hold a written appointment and from which we consider offer an appropriate product to meet the needs identified. We cannot and do not guarantee the solvency or continuing solvency of any Institution used, and you should note that the financial position of an Institution can change at any stage.

We receive remunerated by commissions which are paid to us by the product provider or lenders and/or fees payable by you. Fees are charged on a time spent and disbursements basis and should a fee apply we will advise you in writing in advance.

In the event of you defaulting on any payment of fees, we will, if necessary, exercise our legal rights to recover such monies due. Fees may be charged for advice given irrespective of whether a product is purchased by you. If we provide mortgage advice and obtain a loan offer for you and you subsequently do not proceed with your mortgage application through this firm, we will charge you an arrangement fee of €250 for our services. Our firm will exercise its legal rights to receive payments due to it from clients (fees and insurance premiums) for services provided. In particular, without limitation of the generality of the foregoing, the firm will seek reimbursement for all payments made to insurers on behalf of clients where the firm has acted in good faith in renewing a policy of insurance for the client.

Product producers may withdraw benefits or cover in the event of default on payments due under policies of insurance or other products arranged for you. We would refer you to policy documents or product terms for the details of such provisions. Mortgage lenders may seek early repayment of a loan and interest if you default on your repayments. Your home is at risk if you do not maintain your agreed repayments. If we have arranged for your fee to be offset by commissions derived from a life assurance policy, pension or investment that you subsequently cancel or cease to pay premiums, and in consequence we are obliged to refund commissions paid to us, we reserve the right to charge you a fee to reimburse us for the amount of commission refunded.

You or we may terminate our authority to act on your behalf with immediate effect at any time, but the termination must be communicated in writing (to us the address shown below) and cannot be backdated. The termination will be without prejudice to the completion of any transactions already initiated and you remain responsible for the payment of any fees and expenses incurred up to the date of termination, or to the date of completion of any transactions in progress, whichever is the later.

We keep records of our business transactions for at least six years, including personal data defined as sensitive under the Data Protection Acts. You have the right to inspect copies of all entries in our books or computerised records relating to transactions with you. Prendergast Maguire Financial Services Ltd complies with the requirements of the Data Protection Acts 1988 and 2003. The data which you provide to us will be held on a computer database and paper files for the purpose of arranging transactions on your behalf.

Prendergast Maguire Financial Services Ltd, may be contacted at Mount Kennedy Town Centre, Newtownmountkennedy, Co Wicklow; Tel: (01) 281 9238; Fax: (01) 2810159; or by email.

These Terms of Business shall be governed by and construed in all respects according to the laws of the Republic of Ireland, and are valid until further notice.

The calculators on this website based upon calculators built by Irish Life. They are designed to provide guideline indicators for Life Cover and Pension Requirements. It is recommended that you speak with your broker before buying any financial product.