Standard Life closing index tracker funds - Take action if your pension is with them

SPC100 · #1 28-02-2012, 08:31 AM

I was advising people to use standard life PRSA for the past few years for their index tracking funds.

Standard Life are now closing all their tracking funds "due to low investment volume".

If you don't switch funds by 24th may, they will switch funds for you!

Full details here
http://library.standardlife.ie/Funds/TFCFAQ.pdf

Thanks to Gerard Sheehy for pointing this out.

For me, I'm back to the drawing board to search for the cheapest index tracking approach again - see my new thread.

Spinner2 · #2 05-04-2012, 01:08 PM

AXA have index funds at 50bps.

SPC100 · #3 13-04-2012, 05:37 PM

Thanks Spinner2.

Do you know if you can access their index funds via their PRSA?

LDFerguson · #4 21-04-2012, 02:39 PM

I don't think Axa offer a PRSA. I suspect that the lowest-cost source of index-tracking funds in a PRSA may be a Davy self-directed PRSA if you can can get the required ETFs at <0.25%, as the Davy charge is 0.75%.

Otherwise, Irish Life have index-tracking funds as an option on their PRSA at 1%.