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This article, written by Fergus Collis, outlines the transfer of occupational pension benefits into PRSA contracts.
How we can help
Transfers from occupational pension schemes to a PRSA require a certificate of comparison and written statement before they can be implemented.
Accurate projection of retirement benefits is an important disclosure requirement under PRSA and occupational pension scheme legislation.
The process of obtaining approval as a PRSA provider is challenging and intensive.
We currently act as PRSA actuarial consultants to 8 PRSA providers. As a result, we have significant experience of conducting compliance reviews for PRSA business.