"Q Is it better to leave a pension in an Approved Retirement Fund (ARF) in two years' time or put it in a "zero tax" property option that avoids the stock market? What are the pros and cons of each?"
"A The "zero tax" property offering I assume you have seen advertised actually requires funds to be in a pension vehicle such as an ARF, said Glenn Gaughran, head of business development with the Independent Trustee Company (ITC)."
A pensionholder is considering whether to leave retirement funds in an Approved Retirement Fund (ARF) or move them into a "zero tax" property option aimed at avoiding stock-market exposure. The advertised "zero tax" property offering requires funds to be held within a pension vehicle such as an ARF. Because the property option must be held in a pension vehicle, shifting into that option does not remove the requirement to use a pension structure. The requirement means pension rules and the pension-holding framework continue to apply to funds placed in the property option.
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