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How to avoid tax creep in retirement

The state pension went up 8.5% in April, but frozen thresholds mean pensioners will be paying more tax

Irish debt agency says will take time to assess Brexit impact

Reuters - UK Focus

DUBLIN, July 14 (Reuters) - It will take time to assess the full impact of Britain's decision to leave the European Union on Ireland (Other OTC: IRLD - news) 's sovereign funding costs, the head of the country's debt agency said on Thursday.

"Capital (Other OTC: CGHC - news) markets have been volatile in the wake of the UK referendum result and it will take time before we can properly assess the long-term impact on Ireland's credit spreads," said Conor O'Kelly, chief executive of the National Treasury Management Agency (NTMA) in a statement.

"However, Ireland's funding position is strong and the NTMA, having raised some 6 billion euros of its full-year target of 6-10 billion euros in advance of the UK vote, can monitor developments without any immediate funding pressures." (Reporting by Conor Humphries; Editing by Toby Chopra)