They're paving the way for the day that the ARF may no longer exist as an option and the PRSA will be both a pre and post retirement product for the life of the PRSA holder. Good news for the PA and the 0.05% pa fund value fees they collect. At the monent you can mature a PRSA and stay in it as a vested PRSA, but you have to then ARF it @ 75.
You'll still have to change it from a pre to post retiement product @ 75 so the scenario that
@Flybytheseat describes isn't going to happen IMHO.
My understanding on the unlimited employer PRSA contributions is that it's not changing. Well, I haven't heard otherwise as of now.
Gerard
www.prsa.ie