Self-administered ARF charges

When you say "self administered" do you actually mean that or maybe something else such as self directed, or execution only, or simply being able to choose which funds from the pension provider's portfolio your ARF is invested in? There's a lot of confusion about such terminology and many people refer to self administered or self directed pensions when they actually mean something else...
 
S class said:
Presumably decide for yourself where to invest, rather than using unit funds.
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That could be self directed rather than self administered though.
E.g.:

Self Administered & Self Directed Pensions - Tobin Financial

Self administered & self directed pensions are geared towards the owner director of a limited company. It would be expected that pension contributions would be towards the higher end of the scale. A self administered pension scheme, similar to a self directed pension plan, allows the beneficiary...
tobinfinancial.ie tobinfinancial.ie
 
An ARF has to be managed by a Qualified Fund Manager who is Revenue approved. This is because Tax, USC and Prsi deductions must be applied to drawdowns and the deemed withdrawal rules must also be applied. The only self administration that an individual could do is to decide there own investments.
 
So doesn't that mean that it would be a self directed rather than a self administered ARF and the original question is couched incorrectly?
 
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