I have been working abroad for an international NGO for the last few years. I am now returning to Ireland. My previous employer paid into a pension fund based in Guernsey during my employment and I now have about 30k in it. It does not make sense to leave the money there as returns are poor and charges high.
I have two questions
I can withdraw this money but will I incur a tax liablility in Ireland if I get it paid into my Irish bank account?
Where can I invest a lump sum like this? Would it be better to invest in my own equities or to put it into a pension product?
I have two questions
I can withdraw this money but will I incur a tax liablility in Ireland if I get it paid into my Irish bank account?
Where can I invest a lump sum like this? Would it be better to invest in my own equities or to put it into a pension product?