Global Daily Tax News, Ireland Updates Guidance On Transferring Pensions, (Aug 22, 2025)
The Irish Revenue has updated its Pension Manual in relation to the transfer of deferred pension benefits.
Specifically, Section 1 has been updated to provide clarity around the transfer of deferred benefits from an occupational pension scheme to a Personal Retirement Savings Account (PRSA).
In addition, Section 3 has been updated to provide clearer guidance in relation to transfers from overseas arrangements to an Irish scheme, and from an Irish scheme to an overseas arrangement.