Charges
There are two main charges that apply to both regular and single contribution PRSAs
Contribution charge
This is the amount we charge to invest your PRSA in a particular fund.
Here’s an example of a typical contribution charge (percentages will vary):
Contribution charge
| Your contribution | What we invest |
Contribution charge | |
| Simple 5 | €100 |
€95 (<€9,600 p.m.) €97 (>€9600 p.m.) | €5 (5%)/€3 (3%) |
| Simple 4 |
€100 | €96 (<€9,600 p.m.) €98 (>€9600 p.m.) |
€4 (4%)/€2 (2%) |
| Simple 0 |
€100 | €100 | €0 (0%) |
Fund management charge
An annual charge of 1% per fund is used to cover the cost of investing and managing your funds.