Personal Retirement Bonds (PRB's)
Suitable for individuals who were members of an occupational pension scheme with a former employer & who would like to move the funds away from their former employers pension scheme and maintain more control over the funds.
The Personal Retirement Bond is in an individuals own name.
The value of the fund under ones previous employer’s scheme is invested in the bond.
At retirement the proceeds of the PRB can be used to provide retirement benefits.
Subject to the rules of the scheme & revenue rules an individual can decide when to draw benefits.
An individual does not have to transfer benefits to a new employers occupational pension scheme.
Safe Life and Pensions Ltd
Registered in Ireland, Registration Number 508071
Address 9 Firgrove Park,
Bishopstown Cork City
Safe Life and Pensions Ltd is regulated by the Central Bank of Ireland