I think your information is out of date Daddy.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.
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.