Hi,
I have an executive Pension with New Ireland where the AMC is 1.25%, 100% allocation. I have the option of opening either an executive master trust pension or a PRSA, both also with new Ireland at 1% AMC, 100% allocation. This seems like a no-brainer to make a switch given the difference 0.25% makes over say 30 years until I might hopefully able to retire.
However I'm not sure which is the better option to switch to, some commentary on here seems to suggest that there may be limits re-imposed on max contributions to PRSA at some point, however I guess this is crystal ball gazing really to try predict the future. Are there other strong reasons to pick one or the other type?