Dominic • PensionCheck-IE

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.

[Dominic • PensionCheck-IE @PensionCheck]

A 1.5% fee is not just 1.5% if it's every year for 3 decades

[Dominic • PensionCheck-IE @PensionCheck]

Pension fund €100,000+?

Fees could be eating €2k per year

Discover lower-fee funds and brokers at https://t.co/g82zxaeHoc

[Dominic • PensionCheck-IE @PensionCheck]

2 kinds of fee on Irish PRSA pensions...

Contribution: Percentage of every payment (contribution) into a pension

AUM: Percentage of the total portfolio value (assets under management) applied every year

[Dominic • PensionCheck-IE @PensionCheck]

Irish pension contributions avoid income tax

But can get hit with enormous PRSA fees

Fees vary wildly and there's no penalty to switch PRSA providers. You can see the lowest-fee options at https://t.co/xfG9bYiz8B

[Dominic • PensionCheck-IE @PensionCheck]

@RobDuggan6 <1% is definitely available from certain PRSA providers (sort results by € on PensionCheck to see)

[Dominic • PensionCheck-IE @PensionCheck]

This is why I built Ireland's first pension fee comparison website

[Dominic • PensionCheck-IE @PensionCheck]

@johnmmulligan I would be shocked if there are no fees. But hopefully there will be low-fee options. I think the scheme would be a great idea from the point of view of tax simplification & encouraging investing.

[Dominic • PensionCheck-IE @PensionCheck]

MSM encourages us to switch energy providers & save €100s per year (rightly so).

But doesn't mention that switching pension providers can also provide €100s or even €1000s per year in fee savings.

[Dominic • PensionCheck-IE @PensionCheck]

@TomPe_ It's common for pension providers in Ireland to charge a 5% fee on new contributions/investments. They often dance around the word "fee" by saying 95% "allocation" instead.

[Dominic • PensionCheck-IE @PensionCheck]

"Alternative facts" from the Irish pension industry...

Fact: 5% fee
Alternative fact: 95% "allocation"

[Dominic • PensionCheck-IE @PensionCheck]

@WokDwayneSmack Brokers are keen to do business with people who have big pension pots, so they will compete harder and offer lower % fees in those cases.

[Dominic • PensionCheck-IE @PensionCheck]

1% fees on €20,000 pension = €200/year.

1% fees on €500,000 pension = €5,000/year!

Brokers offer lower charges for big accounts. Compare on PensionCheck

[Dominic • PensionCheck-IE @PensionCheck]

Employer gives worker a €1 pay increase

The employer must pay out €1.11 including employer's PRSI

48 cent (43%) goes to the worker

63 cent (57%) goes to the government

So the real marginal rate of income tax in Ireland is 57%, not 40%

https://t.co/ufwSHZFQi9

[Dominic • PensionCheck-IE @PensionCheck]

@RDrewsBeard Choosing to pay more for better advice absolutely makes sense. But my impression is that a lot of people have never given much thought to either question: 1) how good is their broker or 2) what fees are they paying

[Dominic • PensionCheck-IE @PensionCheck]

Irish savers have €20+ Billion invested in PRSA pensions.

If they all switched to lower-fee options and achieved an average saving of 0.5%, then the combined fee savings would exceed €100,000,000 per year.

[Dominic • PensionCheck-IE @PensionCheck]

@davidmcw @doctorow While big tech platforms have been getting more invasive, open-source software has been getting steadily better. You can download, modify, and run an amazing range of software for free in 2026.

[Dominic • PensionCheck-IE @PensionCheck]

Why compare pension fees?

[Dominic • PensionCheck-IE @PensionCheck]

Investing €100 into a PRSA pension only costs €60 for workers hitting the higher income tax rate.

[Dominic • PensionCheck-IE @PensionCheck]

5% fees on pension contributions (Ireland)

That's €5,000 over a decade on contribution charges alone for someone contributing €10,000 per year

You can compare & find dramatically lower-fee alternatives with PensionCheck