One Quote Financial Brokers uses an upfront, flat-fee structure rather than taking ongoing commissions from your policy. Because our fees sit entirely outside your retirement plan, we can unlock premium provider terms:
- 100% Fund Allocation: Every euro you save goes directly into your chosen PRSA funds to grow tax-free.
- Minimum AMC: Secure the lowest Active and Passive AMCs made available by Royal London Ireland.
- Simple Setup: A simple digital process facilitating regular, lump sum and existing plan transfers.
- Digital Platform: Once your PRSA AVC is up and running you obtain 24/7 online access.
Low-Cost AMC (Royal London Ireland)
By completely removing hidden intermediary commissions, your policy operates on a clean, low-charge framework:
Fund Management Charge (AMC)
| Fund Type | AMC |
|---|---|
| All Active Funds | 0.40% |
| All Passive Funds | 0.35% |
Important Charging Terms
Individual Fund Pricing: Your exact AMC scales based on your precise portfolio split. If you invest solely in passive fund options, your AMC remains at 0.35%.
AMC Transparency: The annual charge is explicitly shown on both your initial policy schedule and your ongoing annual benefit statements.
Total PRSA Cost Transparency
Additional Investment Expenses (AIE) are operational fund management expenses that apply to all fund-based investments, including PRSAs.
These should be considered alongside the AMC when assessing the total cost of a PRSA. In other words, simply add the AMC on your selected fund to the AIE charge displayed on its fund factsheet.
You can view each fund’s specific AIE by clicking on the relevant fund name or Factsheet (PDF) within the Royal London Fund Centre.
Additional investment expenses currently range from approximately 0.01% to 0.18%, depending on the funds selected.
Examples include:
RL BlackRock Developed World Equity Index Fund at 0.01% and the RL Multi-Asset Balanced Fund at 0.18%.
Important Information
Additional Investment Expenses (AIE) may vary over the lifetime of this PRSA, just the same as with any PRSA contract.
The figures referenced above reflect the maximum range of charges applicable as of March 2026.
Regulatory & Compliance Notice
This facility operates strictly on an Execution-Only basis.
In accordance with Central Bank of Ireland regulations, we do not provide financial advice, personalized recommendations, or pension reviews.
You must be completely comfortable managing your own investment strategy and confirming that a Royal London Ireland Non-Standard PRSA matches your needs.
- Tax Relief Management: You must claim your own pension tax reliefs manually through Revenue each year.
- Due Diligence: Comprehensive product literature, fund guides, and mandatory disclosure forms are provided your your application pack.
Investment Allocations
- 100% Allocation on all ongoing monthly or annual contributions.
- 100% Allocation on all incoming external pension transfers.
- 100% Allocation on individual lump sums of €10,000 or more.
Contract Details
- Pre-Contract Pack: Your paperwork includes a standard Preliminary Disclosure Certificate.
- Customised Projections: A Personal Illustration mapping the exact lifetime impact of these charges will be generated upon receipt of your application forms.
- Plan Rights: Enjoy full contract flexibility post-setup alongside a regulatory 30-day cooling-off period.
Available Fund Options
- Multi-Asset Portfolios: Ranging from cautious defensive options to high-growth adventurous mixes.
- Passive Tracking Portfolios: Region-specific index trackers and asset-focused funds.
- Cash Funds: Actively managed liquidity vehicles.
⚠️Warning: Minimizing your contract charges improves net investment returns, but does not alter underlying market behavior. Final fund values always depend on market performance, asset selection, and time horizons.
Clean Product Framework
- No Policy Fees
- No Fund Switching Costs
- No Early Termination or Exit Charges
- No Built-in Trailing Commission
Transparent Flat Broker Fee
1. Setup Pricing
- Minimum Threshold: Regular savings plans require a minimum payment of €500 per month (or annual equivalent).
- Lump Sum Add-ons: Single premiums can be processed at setup oe in the future at no extra charge.
2. PRSA AVC Consolidation Fees
- Standard Rate: 1% of the total aggregate transfer value.
- Minimum Floor: A baseline charge of €500 applies.
- Maximum Cap: Transfer fees are strictly capped at €3,000.
Special Protocols for HSE AVCs
HSE staff members can access this execution-only option provided they share detailed information regarding any retained Irish pension benefits from past private employment, alongside current Defined Benefit main-scheme membership details. The information required forms part of the PRSA AVC application form supplied in the Application Pack on request.
Review our comprehensive General Guide to Public Sector AVCs.
The Compounding Value of Lower AMCs
Even small reductions in ongoing management charges can significantly improve long-term wealth accumulation, as a larger fund benefits from the effects of compound growth over time.
Annual management charges are deducted every year from the value of a pension fund. As a fund grows over time, the monetary impact of these charges also grows.
For this reason, long-term pension investors often pay close attention to ongoing percentage charges, as even relatively small differences can accumulate significantly over multi-decade investment horizons.
The actual impact of charges will vary depending on contribution levels, investment performance, time horizon and fund selection.
Upfront Outlays vs. Ongoing Percentage Charges
A common pitfall when assessing pension costs is focusing solely on how many years it takes to recoup a broker fee.
An upfront fee is a fixed, one-off cost. In contrast, an AMC (Annual Management Charge) is a recurring fee deducted from your entire, growing pension fund every year.
Over a 15–30 year horizon, even a slightly higher AMC effectively acts as an escalating drag on wealth accumulation, absorbing a substantial portion of the eventual retirement pot.
When modelling long-term outcomes, it is sensible to assume realistic career progression, including 5% annual inflation indexation on regular contributions alongside periodic lump-sum injections.
When Financial Advice is Recommended
This structure may not be suitable for individuals who require personalised financial advice, are unfamiliar with investment risk, or prefer ongoing advisory support.
You should consider seeking regulated financial advice if you are unsure about any aspect of this product.
Learn more about our advisory PRSA options.
You should ensure you fully understand the risks associated with investing in financial markets before proceeding.
⚠️ Investment Risk Warning
The value of investments may go down as well as up and you may get back less than you invest. Tax treatment depends on individual circumstances and may change. Currency movements may affect returns where funds have non-euro exposure.
PRSA AVC Application FAQ
Getting Started
What does the Application Pack include?
Your Application Pack contains the following documents:
PRSA AVC Application Form, PRSA Product Guide, Preliminary Disclosure Document, Funds Guide and our Execution-only Terms of Business.
Will I receive a Personal PRSA Illustration if I apply?
Yes. A Personal PRSA Illustration will be provided once your completed Application Form has been received and your personal details and contribution levels have been confirmed on the application.
Can I setup a PRSA AVC on this execution-only basis?
In establishing a PRSA AVC you will need to claim the contribution tax-relief yourself and manage it within personal contribution revenue limits.
Application Submission
Do I return my application by post?
No. The entire process is completed digitally.
What must I return with my completed PRSA Application?
You must submit:
- Your completed Application Form
- A signed Financial Advisory Waiver
- Certified photo ID
- Proof of PPSN
Will I have online access to view my PRSA values?
Yes. You will have 24/7 access via a secure online customer portal provided by Royal London. This allows you to view policy details, including fund value, contribution history, and member fund reports.
Who is my point of contact after my PRSA is set up?
- Royal London will provide a direct contact point for policy servicing queries, including changes to contribution levels or fund switches as well as single premium payments.
How can I make fund switches once my PRSA is set up?
Fund switches can be requested directly through the Royal London servicing contact provided at policy release.
Can I stop, start, or adjust my regular contributions without affecting the original AMC?
“Yes. The AMC is set at the outset of the PRSA contract and is not affected by changes to contribution levels.
Does my Royal London PRSA remain flexible and portable?
Yes. Standard PRSA flexibility and portability provisions apply.
PRSA Set up – Documents & Portal Access
When do I receive my policy documents?
Once the first payment is received on your PRSA your policy goes live.
How do I receive my policy documents and portal access?
When a client’s policy has been set active, they receive an email with a link to register to the online portal. The link will ask them to confirm some details and then a code will be sent to their mobile for authentication. Then they’ll be asked to create a password and can log in with their email address and password via royallondon.ie -> customer login -> pension customer.
Requesting Your Application Pack
If you wish to receive an Application Pack, it will include a step-by-step outline of the process and the actions required from you.
When requesting the pack, please confirm if a plan transfer is intended, so we can confirm our fee when forwarding your application pack.
Blog Author
Ken O’Gorman – Director, CB, QFA, RPA, SIA – Retirement & Investment Specialist
One Quote Financial Brokers is regulated by the Central Bank of Ireland. Our execution-only PRSAs operate in line with applicable regulatory requirements.
