An ARF is a post-retirement pension fund that usually houses the 75% balance of a pre-Retirement Pension Fund, after the 25% lump sum. An ARF can be taken out at any between 50 – 75.

When retiring a Pension into a Defined Contribution post Retirement structure, the pension-owner can receive a 25% lump sum and the balance goes into an ARF.

An ARF is a post-retirement pension fund that usually houses the 75% balance of a pre-Retirement Pension Fund, after the 25% lump sum. An ARF can be taken out at any between 50 – 75.

ARFs are subject to an annual distribution, which is taxable at income tax rates. From age 61 to 70, 4% of an ARF must be taken out each year. This increases to 5% when aged > 70.

If an ARF-holder is survived by a spouse, then there are no tax implications on the passing of the ARF to the surviving spouse.