The Pensions Authority would like to place cookies on your computer to help us make this website better. To find out more about the cookies, see our Cookie Policy.

I accept cookies from this site You must tick the 'I accept cookies from this site' box to accept.

In order to personalise your content you must select all three options

Fees & charges

Policy charges/per member fees

Many pension arrangements have a fee charge calculated as a monetary amount per member. This could be expressed as a monthly amount, for example €3 per member per month. Policy charges/per-member fees have a proportionately higher impact on smaller pension funds than larger ones.

For some occupational pension schemes, this charge could be paid separately by the employer.

For small defined contribution pension schemes and personal pension contracts, this charge is usually taken by a regular deduction from the member's fund.