Switch PRSAs

Hi

I have a PRSA with Zurich, a PRSA I set up myself (nothing offered from my employer) as opposed to an AVC PRSA.

I've become aware of the various brokers offering PRSA without the 5% contribution fee charged by Zurich.

So my plan is to stop my current PRSA and to start a new one through Zurich. Seemed straight forward enough to me but looking at the form from the new PRSA there's lots of language about being aware of the implications of cancelling (don't have it in front of me now) a PRSA.

Am I missing something here?

For the transaction you describe, you've nothing to worry about. Same contract with same company with same fund/s without the 5% contribution charge.