T
tony_conlon
Guest
Hi folks,
My situation:
- Work in Intel.
- Member of defined-benifet pension scheme (I only contribute the minimum because I have no faith in fund managers ... proven correct I guess.)
- AVCs: I don't make any contributions (The 3 providers linked to Intel have all made losses in the last few years).
Question:
1. Can I contribute to a PRSA in addition to keping my defined-benifet pension?
2. Something like [ISEQ 20 ETF SHARES IETF.I] ... is it possible to pay AVCs into something like this fund that trades on the ISEQ?
3. Something like [DJ EURO STOXX 50 ^STOXX50E] ... is it possible to pay AVCs into something like this fund that trades on the DJ?
- The likes of those ETFs look kinda safe to me; I like the idea of not been tied to either individual stocks or been tied to a useless fund manager.
- I understand I can buy ETFs outside the scope of pensions/AVCs; but I guess it would be better if I could use tax incentives to make the purchases ie. via AVCs.
I apologise folks if the above questions seem mad ... I'm obviously an amateur ... I do have an interest ... I believe fund managers are not particularily experts (at making money); they seem to be more so sales men who sell stuff for banks etc ... Sorry
Any help much appreciated folks.
Regards,
Tony
My situation:
- Work in Intel.
- Member of defined-benifet pension scheme (I only contribute the minimum because I have no faith in fund managers ... proven correct I guess.)
- AVCs: I don't make any contributions (The 3 providers linked to Intel have all made losses in the last few years).
Question:
1. Can I contribute to a PRSA in addition to keping my defined-benifet pension?
2. Something like [ISEQ 20 ETF SHARES IETF.I] ... is it possible to pay AVCs into something like this fund that trades on the ISEQ?
3. Something like [DJ EURO STOXX 50 ^STOXX50E] ... is it possible to pay AVCs into something like this fund that trades on the DJ?
- The likes of those ETFs look kinda safe to me; I like the idea of not been tied to either individual stocks or been tied to a useless fund manager.
- I understand I can buy ETFs outside the scope of pensions/AVCs; but I guess it would be better if I could use tax incentives to make the purchases ie. via AVCs.
I apologise folks if the above questions seem mad ... I'm obviously an amateur ... I do have an interest ... I believe fund managers are not particularily experts (at making money); they seem to be more so sales men who sell stuff for banks etc ... Sorry
Any help much appreciated folks.
Regards,
Tony