…and executive pension special offer Hibernian Life & Pensions has signed a new pension partnership with Montgomery Oppenheim, Ireland’s leading independent investment manager to provide its award winning managed pension fund through Hibernian pension contracts*.
…and executive pension special offer
Hibernian Life & Pensions has signed a new pension partnership with Montgomery Oppenheim, Ireland’s leading independent investment manager to provide its award winning managed pension fund through Hibernian pension contracts*. Until now only large group pension funds had been able to choose this unique investment option. Now it is available to individual customers.
Hibernian was the first company to introduce external fund managers in 1994. The addition of Montgomery Oppenheim to a pension range that already includes Aberdeen Asset Management, Bank of Ireland Asset Management and KBC Asset Management allows Hibernian pension customers to spread their investments over a range of different investment styles.
In addition to this new partnership Hibernian is also offering a further incentive for potential pension customers to sort out those nagging pension worries. For the months of November and December only Hibernian will give all executive pension customers an extra 1% allocation on regular premiums and all executive and group pension customers an extra 0.5% on single premiums. In layman’s terms this means more money in your pension plan at the end of its term.
Ian Veitch, director of marketing and product development at Hibernian said: "We are delighted to welcome Montgomery Oppenheim to our stable of external fund managers, they have an excellent and enviable reputation in the Irish market with a focus on obtaining the maximum return available, rather than merely tracking the performance of other investment managers. Add this to Hibernian’s executive pension special offer and there is no excuse to put off starting a pension plan right now".
Kevin Gallacher, head of business development at Montgomery Oppenheim, said: "We welcome the opportunity to work with Hibernian, one of Ireland’s most innovative life companies. Montgomery Oppenheim believes that investment returns are dependent on market dynamics – not on any particular investment style such as value or growth. Our aim is to deliver superior performance for Hibernian pension customers starting from November".
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*Montgomery Oppenheim is the best performing fund manager in Ireland over the last 10 years. Source: Moneymate
Press contact: Kela O’Riordan, 01 617 8164, 086 606 8842, kela.oriordan@hibernian.ie
Notes to editors:
- Hibernian is part of the Aviva plc, the fifth largest insurance group in Europe, and seventh globally (based on gross worldwide premia)
- Hibernian is Ireland’s largest composite insurer, ranked first for general insurance and top five for life and pensions
- Montgomery Oppenheim was established in Ireland in 1986 and has funds under management of €1.5 billion. It is structured as a partnership jointly owned by the Irish management and the German bank Sal Oppenheim
- The Oppenheim Group is one of Europe’s largest investment firms with assets under management of almost €60 billion
- A photograph of Ian Veitch and Kevin Gallacher is available by ISDN
- Hibernian news releases are also available on www.hibernian.ie