Quinn Warns SSIA holders to avoid gimmicks

QUINN-life's equity funds mirror the performance of blue chip companies in the eurozone and US. QUINN-life offers three equity funds, which it categories as having a medium risk/return profile. Euro Freeway invests in 50 of the top blue chip companies in the eurozone across sectors including financials, technologies, consumer goods, energy and healthcare.

Celtic Freeway invests in the top Irish companies including Bank of Ireland, CRH, Anglo Irish Bank and Ryanair. US Freeway invests in 500 of the top US companies.

Two of the QUINN-life equity funds are specialist technology funds.

Technology Freeway invests in the major technology and telecommunication companies in the US.

Biotech Freeway invests in US biotechnology companies primarily involved in the use of biological processes to develop products or provide services.

"This is no gimmick; this transparent, low-cost way of investing via index tracking equity funds has delivered excellent returns. The QUINN-life funds have no initial charges and no confusing terms and conditions, just good value for the customer. There is no lock in on QUINN-life savings and investments, so there is the flexibility to cash in at anytime," said Gannon.

"When choosing a home for your SSIA lump sum or SSIA/pension rollover, always ask for an illustration of projected value and charges," said Gannon.

"The illustration does not guarantee performance, but it can be used to compare the charges incurred on different products. Generally high charges will damage performance."

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