PRSA charges

[alpha1275]

i was wondering if someone could help me and give me some advice. i was contributing into a prsa in my old company and i have recently moved jobs and want to start a new prsa.Would anyone know where i can find a comparison of the prsa rates for the different financial institutions in ireland

 

[LDFerguson]

Re: prsa

Not sure I understand the term "PRSA rates".

If you mean charges, all Standard PRSAs, regardless of provider, have a statutory cap on charges of 5% of each contribution and 1% of the fund annually. It is sometimes possible to negotiate lower charges than these on a Standard PRSA, but they will never be higher.

If you mean rates of past performance, these are fairly readily available in the national press, but they should not be used as the sole basis for selecting a particular PRSA, as past performance is not a guide to future returns.

Liam D Ferguson
www.prsacentre.com