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Administrative charges for funded pensions : an international comparison and assessment (English)

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

  • Author

    Whitehouse, Edward

  • Document Date

    2000/06/30

  • Document Type

    Working Paper (Numbered Series)

  • Report Number

    23140

  • Volume No

    1

  • Total Volume(s)

    1

  • Disclosure Date

    2010/07/01

  • Doc Name

    Administrative charges for funded pensions : an international comparison and assessment

  • 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