Pension Survey (Part 1)

The following are the results of a 'value for money' survey that I carried out on all the Pension product providers that are operating in the Irish market at the moment. The estimated fund size figures relate to Personal Pensions but are very similar for Directors Pensions.

What I wanted to do was, to compare the estimated funds for a fixed number of contributions over a fixed period of time taking account of the lowest charges product available from each provider ie. the product is set up on an execution-only basis.

There were 131 contributions of €500 per month and the assumed growth rate was 6%.


Product Source - Fund - Fee Payable


Friends First - € 86,811 - Yes

Irish Life - € 86,773 - Yes

www.prsa.ie - € 86,676 - No

Eagle Star - € 86,676 - Yes

Hibernian Life - € 86,658 - Yes

Canada Life - € 86,619 - Yes

Quinn Life - € 86,430 - No

New Ireland - € 85,958 - Yes

Standard Life - € 84,294 - Yes

AIB - Not Available

BOI Life - Not Available

Acorn Life - Not Available

Part 2 of the survey will show the the estamated fund size based on the highest charges possible under the different plans.