Davy Select ARF - An ARF is a tax-exempt investment fund into which you can transfer the balance of your pension fund after you receive your lump sum and after you have satisfied the AMRF conditions. Call us today or email pensions@davyselect.ie


Download our ARF Factsheet


The Davy Select Approved Retirement Fund (ARF) enables you to take control of your post retirement finances. An ARF is a tax-exempt investment fund into which you can transfer the balance of your pension fund after you receive your lump sum and after you have satisfied the AMRF conditions. You may make withdrawals from your ARF (which are taxable).

To find out more about ARFs read our ARF FAQ.

What is an ARF (Approved Retirement Fund)?

A key purpose of an ARF is to provide benefits over the duration of your life from retirement and it should be viewed as a long-term investment product.

  • Transfer from existing types of pensions including:
    • PRSAs
    • Personal Pensions
    • Occupational Pension Schemes (subject to certain restrictions)
    • AVC Schemes
  • Tax-free investment returns:
    • No Capital Gains Tax when you sell your assets
    • No Exit Tax when you exit a third party investment fund
    • No Income Tax on dividends or coupon payments
  • Flexible income withdrawals:
    • Income withdrawal subject to income tax (at your marginal rate) and subject to paying tax based on a mandatory distribution of at least 5% each year from the age of 61. The 5% ARF imputed distribution rate was increased to 6% in 2012 for ARFs valued at more than €2m on 31st December 2012. The 5% rate continues for ARFs < €2m.
The Davy Select PRSA offers you
  • Wide investment choice: Choose from over 10,000 investments including 700+ investment funds.
  • Competitive pricing: No set up fees and no costs to transfer.
  • Control: Invest on your own or Invest with advice and guidance of a Davy professional
  • Investment tools and information: Reuters™ news, Morningstar™ tools, reports & charts
  • Expertise: Our friendly pensions team are on standby to help you with any questions or queries. We offer a free no obligation consultation to help you choose the best pension. Call 1890 49 49 49.
  • Other fees and charges apply

ARF Risks

For ARFs, there is a risk that an investor who takes regular withdrawals and/or imputed withdrawals over the life of his or her retirement is exposed to "bomb out" risk, which is the risk that the income needs of investor may not be met by the value of his/her ARF.


Pension Regulatory Information

Davy acts as Pensioneer Trustee to EPPs.
 

Davy is a PRSA provider and a Qualified Fund Manager to ARFs.

 

Tax Warning

Warning: The information contained herein is based on our understanding of current tax legislation in Ireland and the current Irish Revenue interpretation thereof and is subject to change without notice.
 

It is intended as a guide only and not as a substitute for professional advice.

You should consult your tax adviser for the rules that apply in your individual circumstances.


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Unsure which pension to choose?

We offer a no obligation consultation with a pensions advisor so that you can choose the pension that is right for you.

Call us on 1890 49 49 49
or email pensions@davyselect.ie

 

Risks

Learn more about the risks that prospective investors should consider prior to making a decision to invest in a pension or retirement product.