Davy increasing charges

F

farther thyme

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I found on the Irish times today that Davy are increasing charges( The move will hit clients who have little or no transaction activity, as they will see the annual cost of holding an account rise from about €80 to about €200, an increase of some 150 per cent; conversely, those who trade frequently may end up paying less.)

I have an execution only PRSA with davy that only has a small amount in it and i am currently not contributing to it.
Does anyone know if this change affects PRSAs as well as I'm concerned that it will be wiped out.

Thanks,
Tim
 
Charges under PRSA's have to be as a % so they are unable to impose a minimum fixed fee charge on a PRSA account.

Steven
http://www.bluewaterfp.ie (www.bluewaterfp.ie)
 
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