I have a pension with Quinn-life and have wondered about the safety of my fund and future contributions to this company. I have read some of the historic posts on this website and given the recent banking crisis, wonder if I am backing a looser. I talked to Quinn about my concerns and they assured me that the company is ring fenced from other Quinn companies and every policy has a back-up of €3.2 million to cover some type of disaster such as insolvency etc. Should I be re-assured by this because I don't expect to ever have a pension fund in excess of €3.2 million.
Thanks in advance.
Thanks in advance.