Personal Retirement Bond

Changing your job doesn’t mean losing your accumulated pension. A Personal Retirement Bond (PRB) is a simple, straightforward way to take your pension entitlement with you if you decide to change jobs. When you leave a pension scheme, the value of your fund is invested in a bond in your own name, which you can benefit from at retirement. This provides you with the option to acccess your retirement benefits from age 50 onwards. It bascially means that if you leave a pension scheme, you can bring your pension benefits with you by having the transfer value of your fund invested in a bond in your name.