News - Irish Life Corporate Business

Personal Lifestyle Strategy 2013 update

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When we launched PLS we promised to review it regularly, so that it would automatically change over time to take account of changes in retirement regulations and investment opportunities.  When these reviews are carried out, all customers using PLS automatically benefit from the changes. In the past we have made a number of changes to PLS which have taken into account the following: New State Pension ages New minimum annuity requirements New tax free lump sum options.… Continue reading →

Property Fund - removal of notice period

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The 6 month notice period on the Corporate Business Property Fund will be removed from the 1st May 2012. This affects Defined Contribution, Additional Voluntary Contributions pension plans as well as Personal Retirement Bonds (PRBs). A notice period may be reintroduced on the property fund at some point in the future. The length of any future notice period may depend on how long it takes to sell the assets in the fund.