ETV Services2022-04-25T15:51:35+01:00

ENHANCED TRANSFER VALUES

Enhanced Transfer Value (ETV) exercises offer scheme sponsors and trustees an opportunity to de-risk

An Enhanced Transfer Value (ETV) exercise offers Defined Benefit (DB) pension scheme members the choice of remaining a member of the DB scheme and retaining their accrued benefit, or transferring the value of their DB pension, on enhanced terms, to another pension arrangement such as a Personal Retirement Bond (PRB)

For the employer and trustees too, an ETV exercise can be attractive for many reasons. It offers the opportunity to de-risk the pension scheme, reduce accounting funding volatility and also reduce the scheme’s operating cost.

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It is vital that members receive advice from a truly independent advisor to ensure that they are informed enough to make the correct decision for their personal circumstances. In addition to protecting the member, this is also in the trustees’ and company’s best interests.

Acuvest is one of Ireland’s leading and most experienced practitioners in running effective and efficient ETV exercises. Our knowledge of the intricacies of pensions and investments, our expertise of complex ETV exercises, and our independence is something that few firms can rival. This is of real tangible value when delivering advice to individuals who are in the process of making important financial decisions.

It is vital that members receive advice from a truly independent advisor to ensure that they are informed enough to make the correct decision for their personal circumstances. In addition to protecting the member, this is also in the trustees’ and company’s best interests.

Acuvest is one of Ireland’s leading and most experienced practitioners in running effective and efficient ETV exercises. Our knowledge of the intricacies of pensions and investments, our expertise of complex ETV exercises, and our independence is something that few firms can rival. This is of real tangible value when delivering advice to individuals who are in the process of making important financial decisions.

Control

Members are given a say in their own pension future.

Enhanced Tax-free Cash

ETV exercise can open opportunities for higher tax-free lump sums in some circumstances.

Early Retirement

A member may hope to retire early and this path can be eased through a transfer out of benefits.

Dependents / Estate

A member may wish to leave any undrawn amount of their ARF for their dependents / estate in the event of death in retirement.

Greater Flexibility

A transfer out of benefits offers additional flexibility and ownership in relation to their investments.

Scheme Concerns

A member may be uncertain about the sustainability of the DB scheme and have concerns about their future benefits.

Please note that the provision of this product or service does not require licensing, authorisation or registration with the Central Bank and, as a result, it is not covered by the Central Bank’s requirements designed to protect consumers or by a statutory compensation scheme.

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