Booklets on buy-out bonds

Both Irish Life and the Irish Association of Pension Funds have brought out free booklets about buy-out bonds, the pension fund…

Both Irish Life and the Irish Association of Pension Funds have brought out free booklets about buy-out bonds, the pension fund product that allows someone leaving a job where they have been a member of an occupational pension scheme, to transfer the value of their fund in order to either continue making contributions as a self-employed person or to transfer it to a new employer's scheme.

Both booklets explain the advantages and disadvantages of buying such a bond and how to choose a bond provider (i.e. a life assurance company). They also list the transfer options and investment strategies you need to consider, what happens to it at retirement or death and the various benefits and tax regulations associated with them.