Pension contributions into cash funds query

Do a search New Ireland cash fund 5.15%. And that should lead you to it. Sorry I don't have a direct link.
 
Do a search New Ireland cash fund 5.15%. And that should lead you to it. Sorry I don't have a direct link.

I think your information is out of date Daddy. New Ireland open these funds for a limited period and close them when they've been filled. As far as I know, the 5.15% rate closed a while ago and the current rates are lower.
 
I'm seeing 5 year rates closer to 3% now, on a par with what you might get on deposit.

I wonder did anyone come on here and take advantage of the 5%+ rates that were open until recently?
 
ok thanks for that. On doing a search as I did it did say limited availability.

My question though is that the guarantee is only as fgood as the Bank of Irelands so i would say not too many took up the offer with their pension funds. Is it a lot safer now i.e very low risk.