Zurich Life-Life pension

minktrapper

Any one got avice on pensions and Zurich Life.

amdublin

What type of information?

Do you have a pension with them already
Are you thinking of taking one out with them

Please be more specific what info you're looking for.

minktrapper

Im thinking of talking of taking one out with them or Irish Life.
I dont have one with either.Which one has the greatest return in the past.

coylemj

minktrapper wrote: »

Im thinking of talking of taking one out with them or Irish Life.
I dont have one with either.Which one has the greatest return in the past.

I wouldn't make a decision based on who performed better in the past. What's far more important is (1) the management charges and (2) the type of fund you select for your pension fund.

The good investment managers (the individuals themselves) are constantly moving around so how Irish Life or Zurich performed over the past 20 years is no indicator of how they will do over the next 20 years.

minktrapper

What kind of fund does one reccomend to put your money in to or what sectors of business should one invest in.

coylemj

If you plan on retiring in 10 years or more, I'd have all of my money in a managed fund, that means the investment managers have most of the money in equities.

minktrapper

What kind of equities would be one be prudent to invest in.

coylemj

minktrapper wrote: »

What kind of equities would be one be prudent to invest in.

You leave decisions like that to the investment managers, that's why it's called a managed fund.

Seriously, you give them the money, they are paid to monitor the markets to see where is best to invest the money and when to move it from company A to company B based on growth potential and yield (dividend) potential. For a pension it would not be a sensible strategy to get involved yourself in day to day investment decisions.

minktrapper

Thanks very much for your replies.