Superb2012
New Member
- Messages
- 1
Can pension providers increase a funds AMC as they please?
I was under the impression when I bought a PRB 6 months ago through an advisor that the AMC was going to be 1% indefinitely.
Logged in to see its increases to 1.2%?
Secondly I am invested in the zurich dynamic fund in both my active pension with my current employer and in my PRB. The AMC is 0.5% in active pension and 1% in the PRB. Are zurich and advisors just in cahoots and I am getting charged double in the PRB to pay the advisors commission? Seems completely inconsistent for the exact same product.
I was under the impression when I bought a PRB 6 months ago through an advisor that the AMC was going to be 1% indefinitely.
Logged in to see its increases to 1.2%?
Secondly I am invested in the zurich dynamic fund in both my active pension with my current employer and in my PRB. The AMC is 0.5% in active pension and 1% in the PRB. Are zurich and advisors just in cahoots and I am getting charged double in the PRB to pay the advisors commission? Seems completely inconsistent for the exact same product.