Approved Retirement Funds - ARFs

Once you reach retirement you may be able to choose what to do with your retirement fund depending on your individual circumstances. One of these options may be an Approved Minimum Retirement Fund (AMRF) or an Approved Retirement Fund (ARF).

How do they work?

With AMRFs and ARFs you re-invest you pension fund and take the money out when you need it.

In order to take out an Approved Retirement Fund you must have a guaranteed pension income for life of €12,700 per year (from other sources than your ARF investment).

If you don’t you must invest €63,500 of your pension fund into an Approved Minimum Retirement Fund or buy an Annuity with that amount. Once you have put this money in an AMRF or an Annuity you can put any remainder into an ARF.

Warning: The value of your investment may go down as well as up.
Warning: If you invest in this product you may lose some or all of the money you invested.
Warning: The income you get from the investment may go down as well as up.