Once you have worked out your personal situation and are satisfied that you can make a transfer it’s worth reminding yourself of the benefits.
Moving your pension to your primary country of residence is a much more convenient arrangement than dealing with another jurisdiction – especially if you have another pension pot here.
Generally, you should find the tax landscape to be one that is easy to navigate and find in your favour, although this differs depending on your own pension scheme.
Issues around inheritance have been well developed in Ireland and having your pension fund here will create stability and assurance in this area, making it simpler for you to understand and manage the outcome.
Brexit has created a currency risk and a changing economic landscape in the UK that is more complicated to predict, particularly in the investment and funds arena. Having your pension within Ireland and the eurozone eliminates much of the uncertainty that has been created by Brexit.
Transferring your pension to Ireland will not count towards the Standard Fund Threshold. This is the threshold in the Irish jurisdiction that limits your pension fund to €2 million before significant tax implications are levied.