At 40 years of age, I have started the private pension research and hope to be soon on that ladder. I plan to start with €1,000 premium per month (employer will not be contributing).
1. Set-up fee / Policy Fee = €0.00
2. Allocation Rate for premiums = 100%
3. Annual Management Charge / AMC = 1% by Zurich
4. Additional Fees = €3.49/month fee x 12 = €41.88/year
5. other charges estimate: 0.1% to 0.3%
6. no lock in periods. no early exit penalties
My question for now: do the above charges seem reasonable / competitive?
1. Set-up fee / Policy Fee = €0.00
2. Allocation Rate for premiums = 100%
3. Annual Management Charge / AMC = 1% by Zurich
4. Additional Fees = €3.49/month fee x 12 = €41.88/year
5. other charges estimate: 0.1% to 0.3%
6. no lock in periods. no early exit penalties
My question for now: do the above charges seem reasonable / competitive?