Financequery
New Member
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- 8
Hi Guys,
I have an old pension from previous employer approx. 55k. I spoke to a financial advisor who advised moving to a PRB with a number of funds. However, fees charged amounted to 1.25% per Anum. 1% from the Funds IM and .25% from FA.
I can't under stand why this is 0.5% higher as I reached out to IM sales rep - Irish life and Zurich and the fee's were 0.75%.
What do I get from the F.A thats worth 0.25% per anum?
I have an old pension from previous employer approx. 55k. I spoke to a financial advisor who advised moving to a PRB with a number of funds. However, fees charged amounted to 1.25% per Anum. 1% from the Funds IM and .25% from FA.
I can't under stand why this is 0.5% higher as I reached out to IM sales rep - Irish life and Zurich and the fee's were 0.75%.
What do I get from the F.A thats worth 0.25% per anum?