An investment arrangement after retirement
An ARF can keep eligible retirement funds invested while allowing withdrawals. Availability depends on the pension and retirement circumstances. Investment values can fall and withdrawals can deplete the fund.
| Question | What to examine |
|---|---|
| Income | Withdrawal needs, tax and any other guaranteed income. |
| Risk | Asset allocation, capacity for losses and early retirement withdrawals. |
| Charges | Fund, policy, advisor and transaction costs. |
| Tax | Withdrawal taxation and applicable imputed distribution rules. |
| Dependants | Death benefits, estate treatment and spouse or partner needs. |
Compare income routes together
An annuity and an ARF involve different trade-offs. An advisor should assess your needs and available options rather than assume one structure suits everyone.
Last reviewed: 21 September 2026. Rules depend on your circumstances.
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