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Thats correct regarding the ITC but its a very common scheme where pension funds pay for social housing and lease to councils. Do you feel this is not true?

Not a scam as its administered by an independent trustee.

The pension pot goes trough a trustees and is than invested into property using the trustees. The property is than leased to councils all over the country on 20 year terms. The selling point was that its underwriten by the Irish government I dont know if this is called vulture funds.

I am actually out of the country at the moment on a different time zone . I spoke to him on the phone he basically said he has been informed my investment will be returned with interest when the housing stock is sold in the new year. I have asked him by email questions and for a formal letter...

My pension is invested in a housing bond where an investment company buys a property and leases it to lets say Dublin City council as social housing. I got a letter from my broker telling me that they are selling their housing stock due the new rules in stamp duty. They have informed me that my...

The executor is a family member alright. We have spoken to him to release money but he said he won't till the house is sold. How we pay bills everyone survives but it would be great to pay off loans etc and yes there is an inheritance to pay off some of those debts thats the fact of the matter...

Thanks for the reply's. All the bills are paid just the solicitor to be sorted. If just say there is 200k cash I suggested he share out 100k and leave the other 100k with the solicitor. The way the house sale is going it could be another few months before that side is sorted if even than. I do...

My late fathers will has gone trough probate without any issues . There was a house and some monies in bank accounts all to be distributed 3 way with me and my siblings. The problem is we are finding it hard to sell the house and the monies have yet to be divided can we get access to some of...

No I can't take a lump sum I wavered that right to take bigger payout on being made redundant. I am married but do plan to imergrate in two years time. Thank you so much for all the advice.

Thank you for your reply Vincent. Its SE Asia I plan to retire to. I do have a Financial advisor who is advising me to take the transfer value and reinvest it. The company I worked for 30 years are going trough lots of changes letting people go as I was 4 years ago. At the moment and he has...

I have been made a 500k transfer value on my deferred DB pension or 23k per annum on reaching 65. I am 59 and am planing on immigrating in 2 years. I own my own house and have a few K in the bank. Whats the best advice if I decided to take the 500k I am not very savvy when it comes to...

I am in the same boat Kimmagegirl. I have 30 years paid into a DB pension which is now deferred due to redundancy. I have failed to get any response from either the trustees or Mercer when asking about the performance of the above said pension. It seems unfair because its your money. Maybe a...

Cheers gimp I will write to the trustees of the pension tomorrow. Thanks for the info.

Wow that sounds very bad. Its your money so you should be entitled to see how its managed I would have thought.

I was made redundant 3 years ago after 30 years. My 30 year old defined benefit pension is now deferred till i reach 65 in 10 years time. Can I get a statement and are the trustees obliged to send me one? I have heard noting since leaving. Thanks in advance.