Founder of Ireland's first pension fee comparison website. Check what impact fees are having on your PRSA pension, and how much you could save by switching.
Joined October 2025
- Tweets62
- Following20
- Followers368
- Likes3
Explaining pension industry jargon:
95% allocation = €5 charge for every €100 you put into your pension.
1% AUM = €1 charge *every year* per €100 you have in the fund.
Both can apply
107
If you have a pension from your previous job: Is it gathering dust or generating growth? A good broker can make sure it's going to work.
1
108
There are 2 styles of PRSA pension in Ireland when it comes to investment options:
*Curated*
Fixed menu of investment funds (typically 10-50)
*Brokerage*
Vast array of investment options, as with a traditional stockbroking account
167
Who makes pension investment decisions?
Self-directed: You, independently (no advice)
Advisory: You, with advice available
Discretionary: A broker makes all the decisions for you
22,290
What you can save with one comparison/switch...
Electricity: €400
Mortgage: €10,000
Pension: €100,000
3
21,548
Irish savers now have €27 billion invested in PRSA pensions
What if they switched to lower-fee options?
Say 0.5% cheaper annual fees, on average?
That would be €135 million of fees saved per year!
Read that again
3
27,442
High fees can drag on pension growth.
That's why I built PensionCheck .ie, Ireland's first pension fee comparison website.
Compare & save with ease.
3
186
1% pension fee
on €10,000 = €100/year.
on €500,000 = €5,000/year!
The % fee model is generous to someone just starting out. But gets pricey as a pension grows.
You can transfer a PRSA pension to a different provider (including one with lower fees) without penalty
3
15,982
Many parts of the the Irish tax system are complicated.
Employer PRSA pension contributions are not.
€1 going out from the company, €1 in to a PRSA pension (up to 100% of salary).
146
Commissions from financial product sales are the leading source of income for "Financial Advisors" in Ireland.
Some are willing to discuss that openly. Others prefer to dodge the topic.
Asking one might be a good way to gauge transparency.
1
22,539
PRSA pension savers pay over €100 million in fees each year across Ireland
You can shop around & switch providers at any moment without penalty. Fees vary wildly.
It takes only a few hours to switch pension providers. Yes the impact can be €10,000s extra in retirement
4
20,394
Do you have an old pension from a previous job or five? A good pension broker can consolidate pensions to simplify management and optimise the investment strategy
1
20,853
In Ireland, you have a right to move to a different PRSA pension provider at any time without penalty. Have you checked if you're on the best option?
1
7
18,802
ETFs are NOT the lowest-fee way to invest an Irish PRSA pension.
Yes, ETFs can have extremely low fees.
But pension providers apply their own separate fees on top.
When you factor that in, the lowest-fee options tend to be passive unit funds from pension company menus.
3
21,918
Sometimes it feels like Irish pension companies deliberately make it hard to understand the fees they charge us.
20
19,979