Quinn Life, the Cavan-based life assurance company, has introduced a new online service offering customers investment products and pensions.

Two index-tracking funds for both pensions and investments will be offered through www.quinn-life.com. One tracks the Dow Jones and Eurostoxx 50 and the other tracks the top 20 companies in Ireland.

Quinn Life also offers a European government bond for the more conservative investor and customers may chose the funds in any combination.

With the introduction of the new element of the site, investors will be able to check daily fund prices for each pension and investment fund.

The site also aims to keep investors informed about any changes in legislation affecting them.

At the launch of the service, the company's operations manager Mr Gary Mahood said the site allowed Quinn Life to continue to offer low costs as there were no brokers or salesmen involved.