Retail Redundancies: Can You Unlock Your Pension Early After Job Loss at Primark?.
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Office & HQ Redundancies in Retail – Know Your Pension Rights
With Primark’s Dublin HQ announcing staff redundancies, many office and management professionals in retail are suddenly facing difficult decisions about their future — including what happens to their pensions.
If you’re in a support, HR, finance, or head office role in retail and your employment is ending, you may be entitled to more than you think — including early access to your preserved pension.
What Happens to Your Pension After Redundancy?
When you’re made redundant, your pension is typically “preserved.” That means it stays in the scheme until retirement — unless you qualify to unlock it earlier.
You may be eligible to:
- Transfer it to a new scheme
- Unlock part of it (if over age 50 and employment has ended)
- Review tax-free lump sum and drawdown options
Who Can Unlock Their Pension Early?
You may qualify to access your preserved pension early if:
- You are aged 50 or over
- You are no longer employed by the company
- You have a preserved occupational pension
Our team at Q Financial can assess your eligibility with a free and confidential review.
Spotlight on Primark HQ Redundancies
Primark’s Dublin-based office teams — including administration, finance, and support staff — are among those affected. These professionals often have substantial pension entitlements that deserve proper financial guidance.
If this is you or someone you know, now is the time to explore your options and secure your financial future.
Don’t Leave Money Behind
Your pension could represent tens of thousands of euro. Don’t let it sit untouched if you’re eligible to access it now.
👉 Book your free pension review today:
https://unlockpension.ie/request-a-callback/
Frequently Asked Questions About Primark Retail Redundancy and Pensions
What happens to my pension if I’m made redundant from Primark’s retail office?
If you’re made redundant from Primark’s retail office or HQ, your occupational pension is typically preserved until retirement, unless you qualify to unlock it early based on your age and employment history.
Can retail workers from Primark unlock their pension early after redundancy?
Retail workers, including those at Primark, who are over 50 and have ended employment, may be eligible to unlock part of their preserved pension early. Q Financial can help assess eligibility.
What redundancy payments are Primark retail office staff entitled to in Ireland?
Primark retail office staff are entitled to statutory redundancy based on length of service, weekly wage, and age. Additional ex-gratia payments may apply, with tax-free limits to consider.
Who offers pension and redundancy advice for retail workers facing Primark redundancies?
Q Financial provides expert pension and redundancy advice for retail workers, including those affected by redundancies at Primark’s Dublin HQ.
UnlockPension.ie is a service provided by OMA Financial Services Ltd, trading as QFinancial, and is regulated by the Central Bank of Ireland (C135240).
