I have an executive pension with Zurich and the Annual Management Charge is 1% on most of the funds. Is this AUM set by the broker or by the life company?
If set by the broker is this a typical management charge? The company makes regular monthly contributions c.€500 and then a lump sum in June (the company year end) of c. €25K depending on profits.
If set by the broker is this a typical management charge? The company makes regular monthly contributions c.€500 and then a lump sum in June (the company year end) of c. €25K depending on profits.