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Standard Life
Your Standard Life update
We’re writing to customers to tell them about some proposed changes at retirement in Finance Bill 2021. Neither you or your customer has to take any action.

Finance Bill 2021 proposes to remove the following requirements for individuals at retirement:
  • To invest in €63,500 in an AMRF, if availing of the ARF option
  • To keep €63,500 in their Vested PRSA, or,
  • To be in receipt of an annual income of €12,700 
This means AMRFs will become ARFs and these along with that previously ring-fenced portion of the Vested PRSA will be subject to ARF rules.

The letters will be posted over the next two weeks.
 
There's a lot to look forward to
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Standard Life International dac is regulated by the Central Bank of Ireland. Standard Life International dac is a designated activity company limited by shares and registered in Dublin, Ireland (408507) at 90 St Stephen’s Green, Dublin 2. Standard Life International dac is part of the Phoenix Group.

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