Secure Cash Jan 2018
for Pensions
At a glance
Fund Description
Aim
To provide pension investors with a secure and attractive
return of 4.75% p.a., before tax and charges, until 30
January 2018
Security
100% Capital Security on 30 January 2018
Access
No access until 30 January 2018
Risk
Low Risk* - Capital Security provided by Bank of Ireland
Secure Cash Jan 2018 for Pensions provides you with a secure and attractive return
of 4.75% p.a., before tax and charges, until 30 January 2018, while ensuring that you
continue to save for your retirement in one of the most efficient ways available.
With the Secure Cash Jan 2018 for Pensions you can make the most of your money and
safeguard your cash while availing of up to 41% tax relief on your pension contributions.
This means that every €100 you save could cost you as little as €59, while earning a
return of 4.75% p.a., before tax and charges, until 30 January 2018. This assumes you
are a higher rate tax payer. Tax relief is not guaranteed. Revenue limits, terms and
conditions apply.
*A secure place for your money
Both the amount invested in the Secure Cash Jan 2018 for Pensions fund and the return
earned on this money is secure on 30 January 2018. To provide the capital security and
the return on the amount invested in the Secure Cash Jan 2018 for Pensions fund, New
Ireland will hold a deposit with Bank of Ireland. This deposit is not covered by the ELG,
the Eligible Liabilities Guarantee scheme. New Ireland is committed to passing on
to policyholders the amount received from Bank of Ireland on 30 January 2018. If, for
any reason, New Ireland is not repaid its deposit in part or in full, you may not receive
back some or all of the amount invested. It is important to note that your investment
will continue to be in a pension policy with New Ireland and you do not hold a deposit
account.
Attractive return
Your money will earn a return of 4.75% per annum, before tax and charges, until 30
January 2018.
Warning: The value of your investment may go down as well as up.
Warning: If you invest in this fund you will not have any access to your
money until 30 January 2018.
Warning: After 30 January 2018 if you remain invested in this fund you may
lose some or all of the money you invest.
taking care of you...
Who is Secure Cash Jan 2018 for Pensions suitable for?
Secure Cash Jan 2018 for Pensions is for customers who are not intending to retire
before January 2018 and want to save for their retirement in a tax efficient way while
receiving a secure and attractive return on their funds. We recommend that at the end of
the investment term you meet with your Financial Advisor to review your pension needs
and goals to ensure that your investments are in line with these goals.
Secure Cash Jan 2018 for Pensions is available to Personal Pension Plans, Executive Pension
Plans, Trustee Investment Plans, Personal Retirement Bonds, Approved Retirement Funds
and Approved Minimum Retirement Funds. The standard policy charges will apply.
How the fund works?
Your money is invested in Secure Cash Jan 2018 for Pensions, where it will yield a return
of 4.75% p.a., before tax and charges, until 30 January 2018.
After 30 January 2018, the return of 4.75% p.a. and the capital security will no longer apply.
Returns earned after 30 January 2018 will be the same as the returns earned by the New
Ireland Cash Fund. These returns will vary and the value of your investment may go down
as well as up. The management charge on your policy will continue to apply.
Charges
The management charge that applies will depend on your type of policy. The effect of the
management charge is to reduce the return.
Access - Minimum Recommended Investment Period
You will not have access to amounts invested in the Secure Cash Jan 2018 for Pensions
fund before 30 January 2018. For those investing through an Approved Retirement Fund,
an income of up to 7.5% p.a. can be taken from the fund. You should invest in this fund
only if you intend to remain invested until 30 January 2018.
Warning: The value of your investment may go down as well as up.
Warning: If you invest in this fund you will not have access to your money
until 30 January 2018.
Warning: After 30 January 2018 if you remain invested in this fund you may
lose some or all of the money you invest.
To find out more about this offer contact:
your Financial Advisor or
M
call us on 1890 405 905
To improve our service to you, calls may be recorded.
A temporary Government pension fund levy of 0.6% pa will be applied to the value of the pension assets as at 30 June
each year for the four years 2011 - 2014.
Terms and conditions apply. While great care has been taken in its preparation, this document is of a general nature
and should not be relied on in relation to specific issues without taking appropriate financial, insurance, investment or
other professional advice. The details shown in this document are for information purposes only and do not constitute
an offer or recommendation to buy or sell any investment or subscribe to any investment management or advisory
service. The details shown above relating to the fund are as at the date of this document, and may change over time.
New Ireland Assurance Company plc is regulated by the Central Bank of Ireland. A member of Bank of Ireland Group.
November 2012
301885 V5.11.12