S shipibo Registered User Messages 951 28 Oct 2009 #1 A Chairde, I am looking to put a lump sum into some pension product, and think PRSA is better because it allows me more flexibility in chossing. Only benefit I can see in Company AVC is they automatically deduct money from my wages, and I do not need to wait for tax back .... Am I missing something ...
A Chairde, I am looking to put a lump sum into some pension product, and think PRSA is better because it allows me more flexibility in chossing. Only benefit I can see in Company AVC is they automatically deduct money from my wages, and I do not need to wait for tax back .... Am I missing something ...
B Boarderuser Registered User Messages 6 28 Oct 2009 #2 If the company already has a company scheme the annual charges could be as low as .22%pa not including the 5% one off admin charge, whereas the prsa would have 1% pa. I am no expert but I presume the compound effect of 1% is alot more than .22%.
If the company already has a company scheme the annual charges could be as low as .22%pa not including the 5% one off admin charge, whereas the prsa would have 1% pa. I am no expert but I presume the compound effect of 1% is alot more than .22%.
S shipibo Registered User Messages 951 28 Oct 2009 #3 BorderUser, The Fund charges range between .65 - 1 % PA, also Eagle Star charge 3.50 EUR per month per policy. Am I restricted in PRSA funds I can pick, as for tax back ...
BorderUser, The Fund charges range between .65 - 1 % PA, also Eagle Star charge 3.50 EUR per month per policy. Am I restricted in PRSA funds I can pick, as for tax back ...