Hi - I have recently has some fee based financial advise. One of the recommendations of the reports was that I open an employer-sponsored PRSA. They are saying that there would be no initial comission terms and that 100%c of my money would be invested. However there would be a total fund charge pa of 1.5% - of which they (the advisors) woudl receive .5%.
Is this reasonable? Maybe it is - I just dont know to be honest and wanted to check it out before I signed up.
Thanks for reading!
Is this reasonable? Maybe it is - I just dont know to be honest and wanted to check it out before I signed up.
Thanks for reading!