Retirement Benefits Choice
Our expert financial advice for upcoming retirees, centres on pension plan retirement options, assessing the most cost-effect ARFs, and Annuities on the market, whilst also addressing your lump sum investment, and life insurance needs, should you so wish.
We our experts in advising pension scheme retirees, and can help you find the most cost- effective and robust financial retirement solutions, offering you both long term security and peace of mind.
Choosing your BEnefits
When faced with the often-difficult decision on how to best tackle your pension scheme retirement options, it can prove confusing.
We can advise you on the purchase an Annuity or the reinvestment in an Approved Retirement Fund (ARF), as well as counselling you on how best to handle your retirement lump-sum and any other financial issues.
Annuity V ARF
If you have a Defined Contribution Pension, (Employer Scheme or Private) then rising interest rates could certainly make an annuity more attractive, but it should be remembered that annuities end on the death of the annuitant, unless a spouse’s pension (up to 50%) or a guaranteed period (up to 10 years) is built in at set up.
Adding a spouse’s pension, guaranteed period, and or inflation protection lowers the original pension payment (annuity). That said, if you want zero risk, with a fixed income an Annuity could best suit you, over an ARF, which involves re-investing your residual retirement fund.
The ARF Route
We have a clearly defined process, where we look at your financial goals, the timeframe involved, access to capital and of utmost importance, your attitude to investment risk.
We will then research the market and offer the most appropriate and best value ARF investment plan.
Once your lump sum has been invested, our financial relationship continues and we will provide you with regular updates and annual reviews to ensure your ARF investment is on track with your expectations and continuing needs.
The Annuity Route
If you choose to go the annuity route, we can research the market to ensure your get value for money, meaning the highest
possible regular pension payment in return for your pension pot (post tax-free lump sum).
As you approach retirement, your pension provider will offer you an annuity based on the terms they are prepared to offer at that time. You are not obliged to accept this deal, but free to shop around for the best rate and option to suit you.
We partner all leading life insurers and asset managers operating within in the Republic of Ireland.
Our simple approach is all about maximum choice and convenience.
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