Approved Retirement Funds

The transfer of a matured pension fund into an ARF is an option for; holders of personal pension plans, proprietary directors, PRSA owners and also members of occupational schemes who have sufficient AVC contributions.

The transfer of a matured pension fund into an ARF is an option for; holders of personal pension plans, proprietary directors, PRSA owners and also members of occupational schemes who have sufficient AVC contributions.

There are other conditions in place which determine the value which can be transferred to an ARF. These conditions centre on the risk that the retiree may withdraw too much too soon from the ARF and not having enough funds to cover their later retirement years. Before being able to purchase an ARF, it is a requirement that the individual has some other source of guaranteed pension income, this minimum level of income is €18,000.

If the minimum guaranteed income condition cannot be met, the individual may purchase an AMRF for €119,800.

If you are unsure if you qualify to invest your pension fund in an ARF please contact us to schedule a review of your retirement options.

Pensions
To learn more about our Pension services, please do not hesitate to contact us at:

Searing Point Wealth Management Limited, Frankfort Building, Dundrum Road, Dublin 14

Call +353 1 554 9606 or
Email us at info@searingpointwealth.ie.