Many forecasters believe that future returns will be lower than the recent experience. See here for an example
https://www.blackrock.com/investing/insights/blackrock-investment-institute/outlook
In such an environment managing pension costs becomes even more important. We have seen leading pension providers recommending solutions with cost structures in excess of 2% per annum!
Let’s re look at the affect different charges would have on your retirement fund
Assumptions
- Current fund of €500,000,
- €2,000 per month pension contributions
- Retire in 15 years’ time.
- 4% gross return before charges
As this graph demonstrates a difference in charges can have a significant impact on your retirement fund.
For those with pension assets in excess of €250,000, Impartial, at no expense to yourself, provides a cost audit on current pension or investment cost structures. Relative and absolute Risk/Return analysis is also provided. http://wp.impartial.ie/contact-us/