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PRSA charges

ATC110 · 2019-11-11 17:23:15

The current PRSA is 13 years old with a single payment made each year. It was taken out through a discount broker and the Annual Management Charge is 1%. Does this represent good value? What are the lowest charges available for a PRSA for a self-employed person? Is it worth opening a new PRSA for lower charges? Is it worth…

11-11-2019 5:23pm

#1

ATC110

Registered Users, Registered Users 2 Posts: 303 ✭✭

Join Date: December 2009

Posts: 198

The current PRSA is 13 years old with a single payment made each year. It was taken out through a discount broker and the Annual Management Charge is 1%.

Does this represent good value?
What are the lowest charges available for a PRSA for a self-employed person?
Is it worth opening a new PRSA for lower charges?
Is it worth / possible to transfer the balance from the preexisting PRSA to a new PRSA with lower charges?

Thanks in advance.

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