ARF - Approved Retirement Fund
The ARF (Approved Retirement Fund) is a relatively recent development in Ireland and is not available to everyone at retirement.
An approved retirement fund is a separate plan allowing you to continue investing after you retire. With an ARF you manage and control your retirement fund and can invest it in a wide range of different investment funds. You can also make withdrawals, as you need them. You also pay income tax on all withdrawals. You can leave the rest of the fund to your dependants when you die.
You invest your pension fund with an approved ARF provider (insurance company, etc.)
With an ARF you get more flexibility but less certainty.
