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Quinn Pension

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  • 04-05-2010 2:28pm
    #1
    Just The One
    Closed Accounts Posts: 595 ✭✭✭


    So how safe is my pension with Quinn. Should I consider moving it elsewhere or leave the money where it is?


Comments

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    #2
    matt70iu
    Registered Users Posts: 415 ✭✭matt70iu


    Hi,

    It was Quinn insurance that went into administration. Quinn life and the rest of the quinn group was not affected by the regulator's action in any way... I have my pension with quinn life and am happy to leave it with them.

    You've nothing to worry about.


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    #3
    stepbar
    Closed Accounts Posts: 6,123 ✭✭✭stepbar


    Quinn Life manage the pension on your behalf taking a percentage of contributions as fees. This is very different to the suitation in Quinn Insurance where there is a real risk / liability of the company not being able to pay out on policies.


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