What they're done:
•2022 – Removed AMRF
•2022 – Changed Death in Service Rules (ARF)
•2022 – Removed 15 Year Rule (PRSA Transfer)
•2023 – PRSA – BIK Removal
•2024 – Whole of Life PRSA
•2024 – No new Personal Pension contracts approved
What they've yet to do:
●Pension Retirement Bond (PRB) and Personal Pension (PP) Removal (completely, for new business)
●Salary and Service + ARF Option
●Removal of Certificate of Benefits Comparison
●Allow PRB Transfer to PRSA
●Allow PP Transfer to Master Trust
●PRSA mirror PRB features (Salary and Service)
●Retain Section 785 (PP Term)
●Early Retirement to be pushed out to 55 (from 50).
●Harmonise Ill Health Definitions
Gerard
www.prsa.ie
•2022 – Removed AMRF
•2022 – Changed Death in Service Rules (ARF)
•2022 – Removed 15 Year Rule (PRSA Transfer)
•2023 – PRSA – BIK Removal
•2024 – Whole of Life PRSA
•2024 – No new Personal Pension contracts approved
What they've yet to do:
●Pension Retirement Bond (PRB) and Personal Pension (PP) Removal (completely, for new business)
●Salary and Service + ARF Option
●Removal of Certificate of Benefits Comparison
●Allow PRB Transfer to PRSA
●Allow PP Transfer to Master Trust
●PRSA mirror PRB features (Salary and Service)
●Retain Section 785 (PP Term)
●Early Retirement to be pushed out to 55 (from 50).
●Harmonise Ill Health Definitions
Gerard
www.prsa.ie