My husband who is almost 66 received settlement recently from a bad accident. We were advised to invest it in my (his wifes) name or name of our son. My husband is fine with this absolutely as he is worried him having a lump sum set aside might affect his old age pension which is due shortly he feels he has worked hard from 16 years of age and deserves state pension. This is the first ever sum of money we have had so we are wary of how to manage it. We do know we want it to go into An Post not into bank or any investment broker. Would a lump sum in his own name affect his pension? Is it good idea to put some into savings in An Post and some into Prize Bonds? We appreciate any advice given soon so we can make decisions. Thanks.