So normally you have either your own scheme or a company scheme and you make AVC's in respect of it.
Am setting up a scheme at moment, t/f value from former employer scheme but no current employer scheme. Only want to contribute at year end for the tax break when I've sized up means - with the PRSI refund now available this is as tax efficient as monthly contribution.
I suppose I could set up a nominal monthly contribution and make AVC's in respect of that, but I may get on current employer scheme in a couple of years so I want to keep it simple (not paying bits and bobs here and there and having multiple schemes on the go - probably only attract extra fees). The "AVC/Lump Sum" scheme will continue when the employer scheme gets going as my tax efficient top up option.
Thinking of Eagle Star concentrated 5*5 scheme - a decent amount of risk but time is on my side, am happy to take this risk.
Any views as to whether I can set up "lump sum" scheme only??