steadstill
Registered User
- Messages
- 17
I presume we can't mention specific companies in this, but are all the main Irish pension providers very similar in what they offer?
And are there viable alternatives?
Some context:
And are there viable alternatives?
Some context:
- I'm looking at about 20 years before retirement.
- I have a work colleague who is using an investment broker/portfolio as an alternative.
- My pension is fairly standard, with typical risk with a well known provider. I did some maths around it - what jumps out is the fees are a very low percentage on paper, but by the time I retire they will accumulate to about one third of the total pension value. Taking into consideration the tax break that goes with pensions, I'll more-or-less get back what I put in (and that value can go up or down etc etc). In general, is this what I should expect?
- I had a company pension before, for about 6 years, with a well known broker. I left the company, the (frozen) pension amount I got was about 20% lower than what I calculated it should be. When I asked them about it, they said it was due to economic conditions - but overall the global economy was healthy for the investment lifespan