Your pension: it s time to choose

If you are not in a company scheme, you should make your own pension arrangements, through personal pension policies or existing retirement annuity policies.. Whether you

However, if on your chosen retirement date you use your pension pot to buy a regular income from Royal London, we guarantee to pay you your Basic Annuity and any bonuses we

„ You can buy an annuity with the proceeds of an IRA or company pension, or as supplemental retirement income. „ You can buy one with a single payment

If you invest €63,500 in an Approved Minimum Retirement Fund (AMRF) or use at least €63,500 to buy a pension income/ annuity you have these options with the rest of your

Instead of simply taking the annuity income offered by the provider of your pension fund, you can shop around and choose to transfer your pension fund to another provider offering

When you retire, if you do not have a guaranteed pension income for life of €18,000 a year, and you are not buying an annuity, you invest €119,800 from your pension fund into

When you retire, if you do not have a guaranteed pension income for life of €12,700 a year, and you are not buying an annuity, you must leave €63,500 invested in your Vested PRSA

If you are combining more than one pension fund into a Retirement Advantage pension before converting to an annuity (known as an immediate vesting personal pension or IVPP),