Personal Retirement Savings Accounts (PRSAs) – how to find the best one for you

PRSAs help those without a company pension to save for retirement, but how do you find the one most suited to your needs?

Employers who don’t operate a pension scheme are legally obliged to provide PRSA access. Photo: Getty

PRSAs are primarily intended for three groups of people: self-employed individuals, employees in non-pensionable employment and employees in pensionable employment who are making additional voluntary contributions (AVCs).

That said, irrespective of your employment status, it’s very likely that you could benefit from having a PRSA.

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