Pension fund charges reduce the rate of return on pension accounts in some countries by up to by two percentage points. Do charges of this scale undermine the case for funded pension provision? How can governments hold back costs and charges? This paper looks at evidence from thirteen coutries, with policies ranging from complete liberalization of charge levels of structures to government imposed charge ceilings. The author stresses the trade-offs in limiting charges, especially in reduced competition and choice.
Details
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Author
Whitehouse, Edward
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Document Date
2000/06/30
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Document Type
Working Paper (Numbered Series)
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Report Number
23140
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Volume No
1
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Total Volume(s)
1
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Disclosure Date
2010/07/01
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Doc Name
Administrative charges for funded pensions : an international comparison and assessment
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Keywords
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Citation
Whitehouse, Edward
Administrative charges for funded pensions : an international comparison and assessment (English). Social protection discussion paper ; no. SP 16 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/112041468765281577/Administrative-charges-for-funded-pensions-an-international-comparison-and-assessment