Hello,
I'm 49 and finally started looking into getting a pension setup.
My plan is to pay 250 euro per month with a 20k lump sum from my savings to get the ball rolling.
After researching posts on here the standard prsa with zero commission and 1% amc offered by Labrokers caught my eye, however after downloading the forms I noticed two options default investment strategy or fund choice and this is where I'm really confused.
I don't have and knowledge of funds to choose which are the better performing ones but I feel this option might give me the better returns.
Any advice on which is the best option or fund choice strategy would be greatly appreciated or should I just sit down with a broker.
Regards Adrian
I'm 49 and finally started looking into getting a pension setup.
My plan is to pay 250 euro per month with a 20k lump sum from my savings to get the ball rolling.
After researching posts on here the standard prsa with zero commission and 1% amc offered by Labrokers caught my eye, however after downloading the forms I noticed two options default investment strategy or fund choice and this is where I'm really confused.
I don't have and knowledge of funds to choose which are the better performing ones but I feel this option might give me the better returns.
Any advice on which is the best option or fund choice strategy would be greatly appreciated or should I just sit down with a broker.
Regards Adrian