Urgent pension choice help starting out.

Everything you need to know about pension contributions

Whether you are self-employed or already in a company pension scheme or in non-pensionable employment, the need to save for a pension for your retirement is abundantly clear. So, in this article we are just going to focus on the tax saving benefits which are available from the government to...
www.zurich.ie

"Taxpayers who file and pay online via ROS or myAccount may avail of the Revenue’s extended return filing and payment date to make an election and pay a contribution. As the payment of a qualifying contribution is a pre-condition to the availability of relief, an election cannot be made in advance of such a payment."
 
Who so the PRSA with, I got a 1% AMC with a Zurich PRSA so if there is cheaper I might change to it.
 
aristotle said:
Who so the PRSA with, I got a 1% AMC with a Zurich PRSA so if there is cheaper I might change to it.
Click to expand...

Urgent pension choice help starting out.

I always said to myself that would set up pension by the age of 30. The time has rolled around some months ago and now that the 31st October deadline is approaching I would like to (if at all possible) have this set up and put in a lump sum of 10k that I have put together over the past year and...
www.askaboutmoney.com
 
aristotle said:
Who so the PRSA with, I got a 1% AMC with a Zurich PRSA so if there is cheaper I might change to it.
Click to expand...
The cheaper rate is probably from an execution only broker. Try the brokers mentioned in post #4. You will have to choose your own funds and risk level if using these brokers.

You could ask one of these brokers to transfer your existing PRSA over to them.
 
aristotle said:
Who so the PRSA with, I got a 1% AMC with a Zurich PRSA so if there is cheaper I might change to it.
Click to expand...
It's an execution only set up through one of the brokers mentioned here.

Definitely would reccomend going this way as was pretty painless. Given that the funds are already limited due to being eligible for PRSA there's not actually that much choice that would warrant advice at a cost of tens of thousands euro over the lifetime of investments.
 
Apologies I worded it wrong. I was trying to say that given the already limited (in essence vetted) selection of funds/options you can invest in within the PRSA there doesn't seem to be much need for an advisor when compared to market activities where you have thousands of investment instruments available to you invluding individual equities, leverage, futures etc.

You look at composition and desired level of risk of available funds within say Zurich. For their execution PRSA, there are only about 20 and can't really go catastrophically wrong.
 
You must log in or register to reply here.
Menu
Log in
Register