When starting a pension in Ireland, many people focus on cost alone and consider an “execution-only” PRSA (no advice option). While fees are important, cost should never be the only deciding factor.
What’s often overlooked is style, performance history, and volatility management — all of which can have a major impact on your long-term retirement outcome.
At One Quote Financial Brokers, we believe an advice-based Non-Standard PRSA delivers greater long-term value. Not only do you gain broader investment options and diversification, but you also benefit from ongoing support, professional guidance, and risk management tailored to your needs.
The low-cost alternative to Execution-Only PRSAs
Whilst we can offer execution only PRSA, to those who are convinced that they can handle higher levels of risk and our wedded to passive management, our core focus is on value, not just headline cost.
-
Our minimum Annual Management Charge (AMC) for an advice-based Non-Standard PRSA is 1.00% p.a., depending on contribution size.
-
With advice, you gain access to a far wider fund universe, including non-standard PRSAs from top Irish insurers, along with long-term professional support to optimize your pension strategy.
Cost vs Value: The PRSA Trade-Off
Execution-only PRSAs may save you 0.25% in charges, but you sacrifice access to the full Irish PRSA market, broader diversification, and ongoing professional advice.
For example:
-
Execution-only PRSAs: Lowest AMC in the active space is around 0.70% p.a., with restricted choice and no advice.
-
Advice-based Non-Standard PRSAs: AMC typically 1.00%–1.25% p.a. (depending on contribution size), but with 100% allocation, wider fund access, risk management, and full support.
-
For larger single premiums or transfers, AMCs may be as low as 0.75%–1.00% with advice.
In our view, real value lies not in the cheapest AMC, but in unrestricted access to top-performing funds, expert advice, and long-term support.
Why Choose Advice-Based PRSAs with Us
An advice-based PRSA helps you build a stronger, more resilient pension portfolio. With One Quote, you benefit from:
-
Independent risk profiling tailored to your goals.
-
100% investment allocation.
-
Access to funds with proven track records.
-
Expertise in blending and hedging different fund manager styles.
-
Active management of volatility and downside risk.
-
Regular market updates and annual reviews.
-
Free fund switches with no additional charges.
-
Ongoing assistance with contribution changes, pauses, or lump sum injections.
Book Your Free PRSA Consultation
Choosing the right PRSA is about more than cost — it’s about building the strongest possible foundation for your retirement.
At One Quote Financial Brokers, we offer a free 30-minute consultation (by phone, Teams, or Zoom) to help you understand your options.
???? Call 01 845 0049
???? Email ken@onequote.ie
???? Contact: Ken O’Gorman – Pension Specialist (CB, QFA, RPA, SIA)
Or enquire online and tell us how we can help.
