@fleetfan
You can set up the PRSA Scheme two ways. i) Employ an advisor to do it for you and either pay them a fee or pay them via a a reduced allocation (less than 100%) on contributions ii) Do it on an execution only basis yourself and get 100% allocation, with no additional fee for set up. The annual management charge should be the same both ways.
If the employer chooses the PRSA product and PRSA provider then, if you're doing it on an execution only basis, the employees would choose the fund/s they want to invest in. If they're not comfortable doing this they could pay someone to advise them on that alone, select a default investment strategy or, complete an online Risk Profiler and choose a fund that matches the result.
The employer should probably offer the employees both options and let them decide.
Gerard