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New Ireland assurance

  • 21-02-2011 10:30pm
    #1
    boo hoo
    Closed Accounts Posts: 1 ✭


    HAS ANYONE ANY COMMENTS ABOUT INVESTING MONEY IN NEW IRELAND?


Comments

  • #2
    xertpo
    Registered Users, Registered Users 2 Posts: 330 ✭✭xertpo


    I'd like to invest in a new Ireland, but I can't help you on the New Ireland question.


  • #3
    thomasm
    Registered Users, Registered Users 2 Posts: 1,503 ✭✭✭thomasm


    I presume you mean their funds


  • #4
    mono627
    Registered Users, Registered Users 2 Posts: 288 ✭✭mono627


    They have a number of funds, including both pension and investment.

    As a general rule, the funds you invest in are a function of your own unique circumstances and you must take into account:
    • If you have a steady stream of income
    • Your age
    • If you have any dependants
    • If you have many liabilties
    • Etc, etc, etc.
    In order for anyone to give you a decent answer to this you'd need to disclose your unique circumstances and the fund you are looking at investing in (and preferably the proposed asset allocation that the fund is investing in)


  • #5
    coylemj
    Registered Users, Registered Users 2 Posts: 25,704 ✭✭✭✭coylemj


    If you're asking about the company in general, life assurance companies have their operations ring-fenced from the parent company and they are all rock solid. Even if Permanent TSB for example went under because of mortgage defaults, the Irish Life policyholders would not be affected even though they are all part of the same company. Ditto New Ireland which as you probably already know is part of Bank of Ireland.


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