Pension Buyout Bonds

 

A Buyout Bond lets you take your pension entitlement with you when changing job without having to transfer to your new employer's pension scheme.

The bond will be invested by the assurance company (based on your fund choice) and the proceeds will be used at retirement to purchase retirement benefits. Your benefits need not be taken at the same time as benefits earned under a subsequent pension scheme. Once the bond is taken out, the retirement scheme of your former employer has no control over the funds held in it.

Retirement bond benefits

  • No need to transfer to your new employer's pension scheme
  • Choose the fund that your money is invested in
  • Choose when to take your benefits
  • Any investment growth is tax-free

Call us for advise and quotations on
01 8406696 | 087 123 9724

 

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