Can an ARF be transferred abroad

[Mrs Dara]

Hi

Does anyone know if an ARF can be transferred out of Ireland to a similar policy. I know a company pension can be transferred abroad.

Thank you

 

[boaber]

No Can do.

You can either take a regular income from the ARF, or once off drawdowns or encash the Lot (all of these options will result in taxation under the PAYE system).

You can only transfer your ARF to another Qualifying Fund Manager within the ROI.

 

[Mrs Dara]

Thank you boaber. Thought that was the answer but wasn't sure.