there are two types of prsas, standard and non-standard. the "standard prsa" has a legal cap on charges. the maximum annual management charge is 1% and the maximum charge on each contribution is 5%. there can be no other charge applied to the setting up of a prsa, unless it forms part of an overall financial review. in this case, a fee may be charged for the advice given. the non-standard prsa can have charges higher than those stated for a standard prsa.