I am 57 yrs old married working man and have 250000 euro's in a Bank a/c doing nothing and 100000 in Prize bonds. I have no debts or mortgage to worry about. I only started paying into AVC back in June of this year and have max out on Pension AVC with my Occupational DC pension scheme. My DC Pension and PRB value is 196000 euro's. I don't have any investments apart from only the pensions and would grateful for any advice
My question is would it make sense to invest my cash into Irish Life/ Zurich investment fund for 5 to 7 years or put cash into my DC pension fund even though I have max out on tax relief.
My question is would it make sense to invest my cash into Irish Life/ Zurich investment fund for 5 to 7 years or put cash into my DC pension fund even though I have max out on tax relief.