I have a small pension fund of approximatly €65,000 due to me soon. I will take the 25% tax free cash but, as my only options with the balance is an annuity or an ARF, I prefer the ARF. However, looking around, I cannot decide how to choose one that I can undersand what I am offered. A note to this is I am 64 and do not have an income at the present so do consider taking the whole amount and taking the tax cost on it now. Any advice would be helpful.