Friday, August 1, 2008

Pension Survey (Part 2)

These are the estimated fund sizes for each of the products available based on what the consumer could buy from each provider by having the maximum allowable charges applied to the policy.

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

Product Source - Fund

www.prsa.ie - € 84,246

Quinn Life - € 83,905

AIB - € 81,792

BOI Life - € 81,687

Eagle Star - € 77,537

Friends First - € 76,795

Irish Life - € 76,485

New Ireland - € 76,450

Canada Life - € 75,565

Standard Life - € 74,262

Hibernian Life -€ 73,793

Acorn Life - Not Available

These are the most expensive versions of the products, so the higher the estimated fund the better the product is, in value for money terms.

Please refer to Part 1 of the survey so that you can compare the execution-only results.

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