Hi,
I have a Davy Executive pension.
They do the standard PRSA as 0.75% and the executive as 0.90% . There is no allocation charge(so you can consider it 100%).
You can buy an ETF listed on the London stock exchange and pay no stamp Duty and no foreign transaction charge. So you basically just pay the amount the ETF is trading for.
From your first screen shot it is showing you the first yearly cost of investing €100,000 in Irish stocks.
1% Stamp Duty : €1,000 (One off)
.75% Davy Charge : €750 ( yearly fee assuming no growth)
If you only want an ETF, just stick to London based ETFs and no additional charges other than 0.75% and avoid all the messing around with transaction costs, custodian charges, etc.
Also I've amalgamated three pensions under Davy and it is straight forward enough
S
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