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is the a pension co. who refund the commission?

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  • 18-03-2008 12:54am
    #1
    niceirishfella
    Closed Accounts Posts: 5,538 ✭✭✭


    I'm a shark for a deal.........and I'm out there fishing for a pension.:D

    I used a mortgage co. once who refunded me part of the commission they got for my mortgage business - question is - is the a pension provider out there who will do this?

    anyone any idea?


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    #2
    MB74
    Closed Accounts Posts: 390 ✭✭MB74


    Careful, two different types of cover so maybe not the best approach going with the one who refunds money.

    The question for you is, is good advise worth paying for?

    Also the commission level and structure would be completely different, a lot would depend on how much you want to invest in your pension.


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    #3
    niceirishfella
    Closed Accounts Posts: 5,538 ✭✭✭niceirishfella


    MB74 wrote: »
    Careful, two different types of cover so maybe not the best approach going with the one who refunds money.

    The question for you is, is good advise worth paying for?

    Also the commission level and structure would be completely different, a lot would depend on how much you want to invest in your pension.


    Agreed.........i'm seeking a prsa......5 to 600 investment pcm.
    any thoughts?


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    #4
    broker2008
    Registered Users Posts: 750 ✭✭✭broker2008


    If you are paying up to 600 a month, a personal pension may be a better option due to a lower management charge, ranging from as low as 0.65% and greater fund choice compared to limited choice and 1% management charge.


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    #5
    Lawdie
    Registered Users Posts: 863 ✭✭✭Lawdie


    niceirishfella wrote: »
    Agreed.........i'm seeking a prsa......5 to 600 investment pcm.
    any thoughts?

    PRSA charges are 5% premium and 1% fund management, set by the government. Check out the pension boards website.

    http://www.pensionsboard.ie/index.asp?locID=318&docID=188


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