Eagle Star Savings Plus

[Joe Nonety]

Just 1% management charge per year if you deposit €7500 and contribute a minimum of €50 a month.
Penalties for cashing in before 5 years.

More info:
http://www.unison.ie/irish_independent/stories.php3?ca=299&si=1800681&issue_id=15414
[broken link removed]

 

[ClubMan]

QL charge only 1% and no early encashment penalties one some of their funds and require only €51 p.m. for regular contribution plans.

 

[messyleo]

however QL do charge up to 1.5% on some of the freeway funds

 

[LDFerguson]

To be fair, QL do reduce their annual management charge after 15 years for very long-term investors.

Liam D. Ferguson
www.ferga.com

 

[alpina]

To realise reduced management charges, I understand €7, 500 primarily needs to be invested but is anyone aware if this has to be done for each fund one wishes to invest in or if after initial investment can one buy in to more funds at a lesser price ?

Cheers

 

[messyleo]

my reading was once there was a 7,500 lump sum you can split it into a number of different funds, e.g. 30% euro5*5, 20% commodities etc. but i could well be wrong (as frequently is the case!)

 

[LDFerguson]

The €7,500 lump sum can be split into any combination of funds you like and will still qualify the entire plan for the reduced annual management charge.

Liam D. Ferguson
www.ferga.com

 

[IrlJidel]

[FONT=Verdana, Arial]"The low charges offer is available until May."

Does this mean offer ends before May (ie end of April) or offer ends last day in May.?

Considering a great proportion of people will not have their SSIA funds until early May, I would hope offer is available till end of May.


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[LDFerguson]

It will certainly be available until the end of May and possibly a bit longer if the demand is there.

Liam D. Ferguson
www.ferga.com