THE KEY POINTS

New one-member company pensions

No Change to existing requirements i.e. P60 or Payslip and values & current contribution rates of clients other pensions are required

Top Ups & Transfers to one-member company pensions

Proof of salary requirement has been extended meaning that a recent payslip or P60 is now required.

Current value & contribution amounts required about the clients other pensions is now required.

Company pension to Company pension transfers

Can be accepted immediately assuming that all requirements have been received and an application to Revenue has been made.

New Pension Transfer Pathfinder

Our new tool will help guide you on what transfers are allowed and the requirements to process them.

Open the Pension Transfer Pathfinder

FAQs

FROM IRISH LIFE'S PENSION ADVISORY SERVICES TEAM

To help you understand the new revenue approval process for new, tops and transfers to one-member company pensions, we have designed a frequently asked questions document that will hopefully answer most of your questions.

All your questions answered in a single document.

Download the full Revenue Approval Process FAQ

Pension Transfer Pathfinder

In a few steps, our new pathfinder tool will help guide you towards the requirements for transferring a pension into a new or existing Irish Life Complete Solutions or other Retail pension product. The tool provides support on all of the different types of pension transfers that are allowed and is all part of our journey to make things easier for brokers.

We hope you find it useful and we look back to your feedback

Open the Pension Transfer Pathfinder

VIDEO 1

What are the requirements for New Business (AP or SP)?

VIDEO 2

What are the requirements for top ups on existing business (AP or SP)?

VIDEO 3

One-Member Company Pension Plans

Revenue Approval process is changing for new and existing schemes

From the 1st August 2018