Starting a pension and need advice on AVCs

P

PensionAdvic

Registered User
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Hi, I'm 25 and looking at options for starting a pension. I'm not offered one through my employer, and I'd like to manage it myself.

Is this possible through a PRSA/AVC, and what kind of fees are involved?

What I'm really looking to do is maximize my tax advantages, and avoid paying management fees.
 
Hi

yes it is an option for you to set up your own plan. An AVC is usually set up in conjunction with a pension so if you do not have a pension then it would not be an avc but more an actual PRSA. Does your company not offer a PRSA provider through salary deduction which they are supposed to have one appointed. What is your current employment?

It is a good idea to start early so your not playing catch up in 10 years time.
 
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