Hi
I started a pension last year with Irish Life and although the value of the fund has fallen from EUR 40 k to EUR 26k, I understand this is due to the economic crisis we are in at the moment. I am thinking of investing more into the plan this year but I have concerns.
My concern, is if Irish Life were to be takenover, or nationalised is my pension fund safe, or could i loose it, like a shareholder looses his share ?
thanks
I started a pension last year with Irish Life and although the value of the fund has fallen from EUR 40 k to EUR 26k, I understand this is due to the economic crisis we are in at the moment. I am thinking of investing more into the plan this year but I have concerns.
My concern, is if Irish Life were to be takenover, or nationalised is my pension fund safe, or could i loose it, like a shareholder looses his share ?
thanks