Hi,
Not my area so could do with some help even if the questions sound silly.
1) If I start a pension with for example bank of ireland but after 3 years feel they're not doing as well as lets say eagle star is there a problem changing? What happens to the money I have already contributed.
2)I have an option of buying back up to 6 years with the health service executive. It's a defined benefit scheme. I feel this is a pretty good way to spend money rather then putting in much larger amts(up to my max threshold) in a new(private...no longer working with hse) pension which would be defined contribution. Am I right?
Thanks
nbc
Not my area so could do with some help even if the questions sound silly.
1) If I start a pension with for example bank of ireland but after 3 years feel they're not doing as well as lets say eagle star is there a problem changing? What happens to the money I have already contributed.
2)I have an option of buying back up to 6 years with the health service executive. It's a defined benefit scheme. I feel this is a pretty good way to spend money rather then putting in much larger amts(up to my max threshold) in a new(private...no longer working with hse) pension which would be defined contribution. Am I right?
Thanks
nbc