I currently have a pension invested in a former employees company pension scheme to the value of 27k.
I have spoke to Irish Life and they have said I can transfer it to a Buy out Bond, PRSA or other employers scheme ( the last option is not possible as I currently reside in Australia).
What I would like to do is if possible transfer the fund to a buy out bond then use the bond as a deposit for an investment property e.g. A buy to let property.
I would really appreciate any advice that you could offer.
Thanks in Advance
Stewart Kealy
I have spoke to Irish Life and they have said I can transfer it to a Buy out Bond, PRSA or other employers scheme ( the last option is not possible as I currently reside in Australia).
What I would like to do is if possible transfer the fund to a buy out bond then use the bond as a deposit for an investment property e.g. A buy to let property.
I would really appreciate any advice that you could offer.
Thanks in Advance
Stewart Kealy