friday2018
Registered User
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- 5
I currently have €700k in my employer's occupational pension scheme and €80k in a separate old PRSA. I am leaving my employment (not retiring) and my employer has agreed to make a contribution of just over €500k into my pension. I am 51. Would appreciate all advice on any relevant considerations I should be weighing up. This has all happened quite quickly but already I have these running through my head:
- My occupational pension scheme's allocation is heavily weighted to the equities market and I am nervous of leaving it that way with this large contribution about to land.
- I need to re-check my fund allocation and admin costs. They were reasonable at time of setup but needs re-checking.
- It may provide me with more flexibility if I invested this €500k in a fund other than my occupational scheme