Terms of Business Site Map Related Links

Retirement Bonds

When you leave employment with a right to future retirement benefits, the funds to which you are entitled may be transferred from the pension scheme of your former employer into the retirement bond. A retirement bond is a single premium policy provided by an assurance company.

The bond will be invested by the assurance company 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.

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

Please contact one of our advisors to discuss this.

Retirement Bonds

Retirement Bonds
When you leave employment with a right to future retirement benefits, the funds to which you are entitled may be transferred from the pension scheme...

Featured Investment Product

Featured Investment Product
Absolute Return Fund

Pension Term Assurance

Pension Term Assurance
The aim of life assurance cover is to provide life cover for your family in the event of your untimely death...