New Ireland to sell sovereign annuities
New Ireland has become the third company certified by the Pensions Board to offer sovereign annuity products, writes Emma Kennedy.
New Ireland has become the third company certified by the Pensions Board to offer sovereign annuity products.
According to the Pensions Board register of sovereign annuity products, New Ireland was certified as a provider of sovereign annuities on January 23.
The approval means that it can now offer annuity contracts where the annual income payment is linked directly to payments under bonds issued by Ireland or any other EU state.
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