Lowest Fees Regular Investment Accounts

[appd]

Hello All

About 12 months ago I investigated the information for the Standard Life Synergy Regular Invest product.

It outlined the following:

[1]. Allocation rate: For premiums more than €500 per month an additional 1% to the premium as is it is paid. (which negated the gov. levy)
[2]. Entry and Exit fees were 0%.
[3]. The Vanguard funds available charged an annual management fee of 0.9%

That seemed to be to be very attractive however, I I seem to have missed the boat due to inaction.

I am not asking for investment advice, but I was wondering if forum users could suggest Investment products that they think have comparatively low management/entry/exit fees.

I thought the 1% bonus Standard life was offering was very good, and I have not seen anything similar on the market.

Best regards.

 

[jpd]

Are the Vanguard fees of 0.9% on top of the fees in the funds or is that the fees the fund was charging?

 

[1dave123]

@appd Hi - have a read of this and see if it meets your requirements.

Invest And Save | Zurich Life Savings Plan | Republic of Ireland

Zurich Life Savings Zurich Life Child Savings Zurich Life Investments Low Cost Prisma Funds www.InvestAndSave.ie

www.investandsave.ie

Gerard Sheehy is the intermediary and he is a regular contributor on askaboutmoney.

All the best.

 

[appd]

@1dave123 thanks for the response. Looks very good.
@jpd the 0.9% was the total annual management fee charged by Standard life. There were separate entry/exit costs.

 

[jpd]

So the 0.9% is on top of the Vanguard fees in the fund itself?

 

[appd]

So the 0.9% is on top of the Vanguard fees in the fund itself?

Hi @jpd It is was the total at the time because there were no other fees applied - the table below was 0% in each category.
That is not the case any more as you can see below. (latest table)

 

[GSheehy]

That looks like a generic KID and would not be representative of the charging structure you outlined in the original post. Early exit charges always applied to Standard Life savings contracts as far as I know.

KIDs are indicative of the worst charging structure product you could buy from the company. All companies.

I'm not 100% sure on whether the Other Ongoing Costs applicable to Vanguard funds are inclusive or exclusive of the 0.9% AMC but they're nowhere near the levels quoted in the KID - more like (less than) 0.20%.

Gerard

www.InvestAndSave.ie