Toshiba001
Registered User
- Messages
- 4
I have a PRSA currently valued at 300k with Zurich with a 1% AMC with 20 years left to retirement.
The 2 actively managed funds that I'm in have a 5 year cumulative return of 64.54% & 71.67% before fees. The S&P 500 has gained 81.2% in the same period.
I know fees can have a big impact on growth and am thinking of switching the entire pension into a low cost S&P tracker for the next 10 years.
What is the best way to proceed? Do I need an Self Administered Pension to do this & will the costs (set-up & on-going charges) outweigh the benefits of lower fund fees over time?
The 2 actively managed funds that I'm in have a 5 year cumulative return of 64.54% & 71.67% before fees. The S&P 500 has gained 81.2% in the same period.
I know fees can have a big impact on growth and am thinking of switching the entire pension into a low cost S&P tracker for the next 10 years.
What is the best way to proceed? Do I need an Self Administered Pension to do this & will the costs (set-up & on-going charges) outweigh the benefits of lower fund fees over time?