Mr. Tim Duggan:

I am not a tax expert. Whatever the tax treatment is for any kind of pension arrangement, dependent on the relationship with the person who owned that pot, will be exactly the same as if it was a PRSA. If a person with a PRSA dies, that goes to their estate and is distributed within their estate and the tax treatment applied to that is the same tax treatment that will be applied to My Future Fund, depending on whether the beneficiary is a spouse, a child or some other relative, or not a relative at all.