Can You Have Too Much Pension?

Are you sure the PRSA (attached to current employment / company) cannot be retired and take the 200K TFLS and transferred into a vested PRSA? and keep working within the company?
It is possible but you need two employments
 
@50thbirthday @Designjet
I don't understand why you keep asking questions with little bits of information, missing context, and 2 user IDs.
You will get misleading answers not correct for your circumstances.

If I understand correctly, you are a company director, the company is still trading, you're 50, and one of the pensions relates to that employment?

You've 800k worth of pension. Either post all the details, or go get proper advice. It's too much money to be guessing what your circumstances are.
 

I have a question based on this.
If you have a Buy Out Bond of, say €300k, from an old employment. Can you transfer part of it like the €100k in Marc’s example above into an ARF and take that approach but crucially leave the remaining €200k in the BOB.

Or, are you not allowed to split a BOB?

Thanks

g
 
I think that you can split the occupational scheme transfer value into multiple BOBs at the time of transfer but not subsequent to that.
 
I think that you can split the occupational scheme transfer value into multiple BOBs at the time of transfer but not subsequent to that.
You’d need to transfer the BOB back up to an occupational scheme and then the occupational scheme out to a PRSA which would require a (pointless) certificate of benefit comparison