Am I sophisticated enough to do execution-only PRSA AVC?

[GSheehy]

At a guess, I'd say 0.75% to ZL and 0.50% to advisor but best person to confirm that is the advisor.

Gerard

www.prsa.ie

 

[faketales]

At a guess, I'd say 0.75% to ZL and 0.50% to advisor but best person to confirm that is the advisor.

Gerard

www.prsa.ie

Thank you.

What would I expect to get from the financial advisor for that say .5%. A yearly check in call? In person meeting every few years?

If I transfer say 100k in to that pension from a different one I have .5% is €500 a year to him. Obviously he needs to make a profit but I guess I would expect to meet every few years to make sure things are on target?

Are my maths correct?

 

[GSheehy]

The person in the best position to tell you what you're getting/going to get for your money is the person providing the service on the terms quoted.

 

[faketales]

The person in the best position to tell you what you're getting/going to get for your money is the person providing the service on the terms quoted.

Thanks. I understand that. Just wondering what is industry standard. It would help to understand that when say asking that we have a “free” yearly check in.

If it’s standard and he says no I might look elsewhere.

 

[INYWIFNW]

Thanks for all the assistance with this. I set up the execution-only PRSA AVC in the end. The paperwork was a little bit finicky but nothing too difficult. Glad to have it done now.