Advice - Pension / PRSA

D

Dini

Guest
Hi,
I just left a job after 16 yrs which had a contributary pension scheme, now I'm selfemployed what should I look for PRSA or Private Pension.
And which one . Tks.
 
Dini,

AFAIK, PRSA's are very similar to Personal Pensions except that PRSA's are the government intorduced pension vehicle with recommended max charges etc.
I suggest that you shop around for pensions generally and do not be too concerned about whether they are one type or other. Personally, I found that the best deal in terms of charges was Quinn Life Personal Pension. Maybe use this as a start point and take it from there.
Also talk to your accountant as there are big tax reliefs available to directors of companies for pensions.

D
 
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