ARF & Options Overview
Conversion is allowed when you have used one of the products below to accumulate your pension fund
Personal Pension Plans
Personal Retirement Savings Plans (PRSA’S)
Additional Voluntary Contributions (AVC’s)
Buy out Bonds
ARF & Making Decisions
There are always important financial decisions to be made when it comes to investing in an Approved Retirement Fund
Listed below are two Q & A's on some key points that need to be considered before reaching any decision
(1) ARF Investment Strategy:
How would you want your money managed if it was invested in ARF?
(2) ARF Suitability Questionnaire:
Are you sure about an ARF being the right option for your pension fund investment?
(1) The ARF Investment Strategy
how much access to the money invested will you need?
appetite for risk on a scale of 1 to 10;
1 being low risk
finding the best tax strategy?
will you need a regular income, withdrawals,
none of these?
guaranteed return required?
This may be your most important asset at retirement
We would always advise caution and expert advice when making any investment decisions
This investment is even more important than normal as retirement income depends on it so extra care required
Contact Us for advice and expertise
(2) The ARF Suitability Questionnaire
Answers and then advice to help with the decision
1 You do not need to take an income from this part of your pension fund?
2 You know the value of your ARF can fall and rise and there are no future guarantees?
3 You want the pension funds to be invested and to grow over time?
4 You would like your children to be able to inherit from an ARF?
5 You might have health worries and have a limited life expectancy?
6 You may not be ready to purchase an annuity but will at a later date?
7 You know taking an income may mean that the money in the fund will be spent too soon?
8 You know the Revenue Limits and Rules and rules that apply to ARF’s?
9 You have access to expert and qualified advice?
10 You know of your other pension entitlements?
These questions answered will help to ensure that you get the best decision