An annuity converts your pension fund into a guaranteed income that will be paid for the rest of your life — removing all investment risk and providing complete certainty. Annuity rates in Ireland have improved considerably in recent years as interest rates have risen, making this option more attractive than it has been for some time. The decision, however, is irreversible — once purchased, an annuity cannot be unwound. PPFS will compare annuity quotes across all providers in the market and help you weigh the certainty of an annuity against the flexibility of an ARF, so that your decision is genuinely informed and right for your situation.
“Would a guaranteed income for life give you greater peace of mind than managing an invested ARF?”
