General Pension advice -Quite confused

Yep, my maths are correct; if I’m willing to divert €100 a month into my pension fund, I’ll be down €60.

€48 is the net pay, plus the USC/PRSI of €12 which now have to be funded separately.

Someone mentioned a contribution charge of 5%. The concept really is abhorrent notwithstanding the fact that it was provided for by the original PRSA legislation.

People must be cognisant of cost, but must not ignore the importance of asset allocation.
 
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