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Presentation to: University of Limerick AVC Plan

Presentation to: University of Limerick AVC Plan. Stephen O’Hanlon QFA MIIPM April 2009. Document Number PD013.1. Communication Investment Funds. Agenda. Document Number PD013.1. Annual Benefit Statement Scheme renewal date is 1 st April Pension Phone Dial 1850 258 258

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Presentation to: University of Limerick AVC Plan

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  1. Presentation to: University of Limerick AVC Plan Stephen O’Hanlon QFA MIIPM April 2009 Document Number PD013.1

  2. Communication Investment Funds Agenda Document Number PD013.1

  3. Annual Benefit Statement Scheme renewal date is 1st April Pension Phone Dial 1850 258 258 www.pensionplanet.ie Register online Member Communication Document Number PD013.1

  4. Investment funds www.Irishlife.ie/corporatebusiness Document Number PD013.1

  5. How does the plan work? Document Number PD013.1

  6. Low risk funds Low risk, low return Offer security Medium & High risk funds Large equity content in fund More volatile, but offer better long term returns Important Questions: What is your attitude to risk? When will you need to access this money? Performance of funds Document Number PD013.1

  7. Investment Funds Capital Protection Fund Consensus Fund Active Managed Fund Strategies: IIS Consensus IIS Active Document Number PD013.1

  8. Very popular fund Taps into “collective wisdom” of industry Invests in line with market (index tracking) Aims for consistent Top Half Returns Consensus Fund Document Number PD013.1

  9. Consensus Fund Historical Yearly Returns Document Number PD013.1

  10. Consensus Fund Consensus Fund Performance to 1st April 2009 Fund returns since launch 4.51% p.a. Source: ILIM Document Number PD013.1

  11. Active Managed Fund • Subject to ups and downs of stock markets • Volatile recent returns • Produces good long term returns • Objective to produce above average managed fund performance Document Number PD013.1

  12. Active Managed Fund Performance to 1st April 2009 1 year 3 years 5 years % p.a. % p.a. % p.a. Active Managed -33.6% -15% -3.2% Fund returns since launch (01/01/1989): 6.1% p.a. Source: ILIM Document Number PD013.1

  13. IIS – Active or Consensus 5 years before retirement 100% in Consensus Fund Or 100% in Active Fund 4 years before retirement 80% in Consensus or Active Fund 20% in Capital Protection Fund At retirement 100% in Capital Protection Fund Document Number PD013.1

  14. Capital Protection Fund Cautiously managed fund 2 promises: - No negative returns; - Minimum Return each calendar year - 0.25% for 2009 Assets: Cash, Fixed Interest, Equities (c.1/3 each). Performance 1 Year: 0.7% • 3 years: 1.3% p.a. • 5 years: 2.4% p.a. • Since launch (1989): 5.95% p.a. Source: ILIM Document Number PD013.1

  15. In Summary Capital Protection Fund Consensus Fund Active Managed Fund Strategies: IIS Consensus IIS Active Document Number PD013.1

  16. Secured Performance Fund(Closed to New Entrants) Rules • No new entrants/transfers into this fund wef 01/03/09 • Existing members can continue to pay into this fund, but cannot increase their % contributions (increased premiums as a result of salary increases are allowed) • MVA applies to transfers out of fund currently, except where: - Member is retiring - Member is leaving service • Return for 2009 is 0.0% Source: ILIM Document Number PD013.1

  17. 6 times per year for free You can choose to mix and match funds You can pay future contributions to a different fund Watch out for Market Value Adjustment on funds Think carefully before switching! Switching Funds Document Number PD013.1

  18. Could current markets be good for your pension in the long term? In Aug 2007, €500 bought 128 Units. In February ‘09, €500 bought 213 units. That’s over 60% more! Remember! The value of your fund = Number of units x Unit Price Document Number PD013.1

  19. Check your fund choice Is it suitable for you? Are you in a strategy? Check your contribution level What are you targeting? Are you paying enough to meet your target? Sign up for Pension Planet Next Step- Take Action Today Document Number PD013.1

  20. Finally… Note: All benefits are subject to maximum revenue limits Warning: The value of your investment may go down as well as up. Past performance is not be a reliable guide to future performance. These figures are estimates only. They are not a reliable guide to the future of your investment Irish Life is regulated by the Financial Regulator Document Number PD013.1

  21. Questions Document Number PD013.1

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