The classical fee burden ratio, which reviews the costs of the fund sector retrospectively, fell in 2020 from 0.75% in the previous year, and the adjusted fee burden ratio fell from 0.78% to 0.69%.
Unchanged operating deductions and significantly lower investment costs, mainly due to lower performance management fees, reduced the average fee burden on voluntary pension fund members from 0.75% to 0.64% last year.
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