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APPROVED MINIMUM RETIREMENT FUND

What does AMRF and ARF offer me?

Depending upon eligibility, the AMRF is a single premium vehicle in which you can invest the proceeds of your retirement fund from a Personal Pension Plan, PRSA, Executive Pension Plan (when you are a 5% proprietary director) or AVC. It is designed for you if you don't have €63,500 invested in an annuity or AMRF or are not in receipt of a guaranteed regular income of at least €12,700 per anum on retirement.

Fund Choice

The AMRF & ARF offers you:

  • access to a wide range of funds covering equities, property, fixed interest and cash, each offering a different investment strategy and risk profile;
  • the experience of investment professionals who are positioned to identify good investment opportunities. Using professional investment managers allows you access to stock markets without the expertise needed for trading shares directly;
  • the flexibility to switch between most funds at any time during your policy. This ensures your AMRF or ARF is always tailored to your requirements.
  • a tax efficient method of investment. Current legislation allows your ARF funds to grow free of tax where minimum levels of withdrawals are made, such minimum being 3% p.a. Your AMRF funds will grow free of tax throughout the lifetime of the policy.

The most up to date information on your chosen fund’s investment performance is currently available through:

  • weekly fund performance data published in
    national newspapers
  • annual statements specific to your policy, sent by
    Canada Life.