I am considering where to invest AVCs. The management charges in the Company occupational pension scheme are .75% compared with 1% on typical PRSA AVCs.
From a basic/simple-headed ‘reduced charges v diversification’ point of view, does anyone have an opinion on what % AVCs to typically invest in an occupational scheme (thus avail of the lower management charges) vis-à-vis diversifying into other PRSA AVC providers? I’m inclined to go with 40% to the occupational scheme & 60% spread over two other PRSA AVCs.