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Transferring your benefits to a Personal Retirement Bond

If you transfer your pension to a PRB, your old benefits will be moved to a pension plan controlled by you.

These benefits can be taken from the age of 50.

Personal Retirement Bond Features

How a PRB works

  • Your transfer value sum is transferred from your pension
  • The money is invested in a fund chosen by you or in the default fund
  • No new contributions can be made
  • The value will rise or fall depending on performance
  • At retirement you can take your benefits. This can be age 50.

Options for your PRB

  • Transfer the value of your PRB into a new companies pension plan
  • From the age of 50 you can take early retirement benefits from your PRB. The earlier you take your benefits - the lower your annual retirement income or lump sum will be.
  • Transfer to another PRB from a different provider

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Early Retirement and Ill Health was last modified: March 27th, 2020 by LowQuotes

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  • info@lowquotes.ie
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Coronavirus Covid 19 Information

We would like to assure our customers that although this Worldwide Pandemic has struck our Nation hard, we are still here for our new and existing customers. All phone calls and emails will be dealt with accordingly.

In the unfortunate circumstance that a customer contracts COVID-19 and dies, our life policies would pay out in line with our usual claims philosophy.

All Consultations will be held by Phone or Online via Computer/Smart Device to remove face-to-face interactions and keeping in line with social distancing guidelines recommended by the Government.

We at Lowquotes.ie hope you, your family and your loved ones stay safe & healthy in this time.

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