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Unfortunately the Transfer of benefits form needs to be filled out (and signed etc) by A. It's very clearly directed at the PRSA provider rather than me. I've got a bit clearer picture of things currently, and I think that it can be summarized as - In order for A to transfer my fund value to...

Hi all, I thought that I might see if I could get some advice on the situation below. It's a bit of an awkward situation, involving two pension providers, and I'm not sure which provider is being reasonable, and which is not. A few years ago I set up a PRSA with a pension provider (A), and...

I'm not sure re regular shares. I think so. Re fees, see http://www.davyselect.ie/binaries/content/assets/davyselect/pdfs/eswebtcs.pdf (p 105)

Personally, I have a self-directed Davy Select PRSA account (0.75% AMC). Using that pension account, one can invest in (among other things) third-party ETFs with various different investments and fees. There's a 0.07% AMC ETF that tracks the S&P, for example. The one I've invested in is...

I agree that fees seem high for self-directed pensions. I remember somebody on this forum mentioning that there are high regulatory reporting requirements on pension providers and that this may be a reason for the high fees. Even so, it still seems very high. In any case, I use an...

After making a payment into your PRSA, you should receive a certificate from the pension provider which shows that you made that payment. At the beginning of the next year, collect those certificates and send them to revenue together with your P60 for the year and a note saying that you'd like...

Yes. I don't think there is a minimum value you need to invest, but if there is, it's definitely lower than 15k. Everybody has to make their first pension investment at some point, and when they do, I'd imagine that the first investment often isn't very large (compared to the balance of an...

Davy Select has a self-directed PRSA at 0.75% AMC, 100% allocation rate. There may be cheaper options, but I'm not aware of any. One of the funds they offer is a Vanguard S&P 500 ETF at 0.07% TER.

Are your investments held in a PRSA or similar Irish pension account? If so, don't forget that the PRSA provider will have an annual fee as well. The lowest that I'm aware of is 0.75%.

> So I gather from this that if I were to purchase any amount in for example the vanguard s&p 500 etf the annual charge from Davy will rise to 0.85% on that ETF and there will be a 25 euro fee up front. This is quite unfortunate considering the amount I can afford to contribute monthly. The...

That's pretty much what I do too; I'm holding ETFs in an execution-only Davy Select PRSA. > There will be a 0.75% annual fee for any ETF which is not domiciled in Ireland/UK. This doesn't just apply to non-Ireland/UK ETFs, but it applies to your total account balance. Cash, ETFs in or outside...

Davy Select charges 0.75% AMC for their execution-only PRSA. Funds (e.g. ETFs) that you invest in will charge their own AMCs on top of that, and their charges will vary. ETFs are not expensive though - the last one I looked at, a big S&P 500 tracker, charges 0.07% (for a total of 0.82% AMC for...

Thank you both for your replies! I hope that you don't mind if I have a few questions following your post. Could you give examples of the products that are at 0.5%? I fully agree about the importance of keeping finance advice independent from the units that provide the funds. Commission-based...

I've been reading the forum for quite a while now, but this will be my first post. Hi! Having moved to Ireland relatively recently, I'm looking to set up a PRSA. I'm relatively young (early 30s) so I have a long time horizon, and I won't be investing any particularly big sums initially. I'll...