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Pension Providers & Brokers

  • 13-02-2020 10:33pm
    #1
    Registered Users Posts: 4,994 ✭✭✭


    Been looking to get my pension sorted(been putting on ther long finger too long)

    I am wondering were can I find a list of reputable brokers in my area(Limerick City)?

    Also what are the options with different providers...You have Zurich, Irish Life & Most banks tend to offer pensions too.

    What kind of fees are typically charged?

    At 32, Earning €40,000 is the maximum i can pay into a pension €10,000?

    Unfortunatley i'm not eligible for the workplace pension as i'm currently a contract worker. But i'm hopeful of getting a permanent position but its not likley until early/mid 2021


Comments

  • Registered Users Posts: 79 ✭✭SeanElec1


    Hi, Currently in position of seeking independant pension advise also, in Limerick. Have consulted with Thomond Asset Management, found them helpful.


  • Registered Users, Registered Users 2 Posts: 2,032 ✭✭✭colm_c


    c.p.w.g.w wrote: »
    Been looking to get my pension sorted(been putting on ther long finger too long)

    I am wondering were can I find a list of reputable brokers in my area(Limerick City)?

    Also what are the options with different providers...You have Zurich, Irish Life & Most banks tend to offer pensions too.

    What kind of fees are typically charged?

    At 32, Earning €40,000 is the maximum i can pay into a pension €10,000?

    Unfortunatley i'm not eligible for the workplace pension as i'm currently a contract worker. But i'm hopeful of getting a permanent position but its not likley until early/mid 2021

    All the brokers have different fees, usually between 0.5% to 1%, and there can be annual and/or transfer fees.

    IMO, find the one with the lower fees as this will eat into your contributions.

    At 32 you can contribute 20% so 8k.

    You can pay more, but you won't get the tax relief.


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