Is the PruVantage offered by Prudential generally recommended for Portfolio investment?

I would like to recommend you learn some investment skills instead of relying on the so-called "advisors". They may not know much more than you. They may know nothing before becoming advisors (just got 3-4 months of training in the company). They need to take profit from you. So, they will not actually care about your benefits. Instead, you can learn to invest by watching videos and reading books. Then, choose a platform (stock or fund broker) to buy and sell stocks and funds.

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20 years is a long period. If you keep learning, you can gain more than just relying on "advisors". Besides that, no one can guarantee the actual return. "Advisors" may promise something because that is their job. And you may easily be exploited by these "advisors" if you know nothing about investment.

Hi Nicholas,

I think the crucial points have been answered. I just think it's more in regards to whether you are okay with paying that constant "admin fee" irregardless of how the funds are performing?

I do think that there is good potential in the product, but of course I do believe that ther are better alternatives if you are looking to minimise charges and still gain the same or better returns due to the lack of a "middle-man". Returns from investments via an insurer is usually lesser because of the charges as the insurer provided you with that service of access to the funds and also have a fund manager who will manage the fund's manager.

So question is, would you rather get the returns to yourself? Or share part of that with someone else?