I have 20 years to retirement, I am on a good salary. I took some unpaid leave over a year ago and then started a new job.
I therefore made no pension contributions for over a year - I am now considering making an AVC payment before the Oct 31st deadline, but just wanted to get people's opinion on this, as pension have not been performing so well in the last number of years. My new pension scheme is a PRSA.
Would I be better off holding onto the funds and putting them into an investment product or making the AVC and getting the tax relief?
Any thoughts?
Thanks
I therefore made no pension contributions for over a year - I am now considering making an AVC payment before the Oct 31st deadline, but just wanted to get people's opinion on this, as pension have not been performing so well in the last number of years. My new pension scheme is a PRSA.
Would I be better off holding onto the funds and putting them into an investment product or making the AVC and getting the tax relief?
Any thoughts?
Thanks