I'm wondering what happens in the following situation. I'm a deferred member of a Pension Scheme and the AVC part is being wound up. We were given options on what to do and I chose the option to let the Adminstrators use the default option i.e. transfer my existing money to what funds are they are now offering. I'm fine with this. However they tell me that my money will be out of the market for a "time" while they do all the admin. Without going in to why this can't be done seamlessly, I'm wondering where my money actually will reside for this length of "time". As it's a 6 figure sum and the total fund is approx €10m and I'm assuming it won't be lying as cash in a drawer who's going to benefit from the interest for this period of "time"? Am I correct that if my money is out of the market for a period of time I should benefit from any interest accrued if it's in an interest paying a/c? Otherwise isn't it in the interest of the Administrator to prolong this period of time if they benefit?