Research Catalog

Title

Fees in Individual Account Pension Systems [electronic resource]: A Cross-Country Comparison / Waldo Tapia and Juan Yermo

Author

Tapia, Waldo.

Publication

Paris : OECD Publishing, 2008.

Details

Additional Authors

Yermo, Juan.

Description

25 p.; 21 x 29.7cm.

Summary

This paper focuses on the fees that are charged to participants in mandatory, defined contribution pension systems, focusing on the experience of Latin America, Central and Eastern Europe, Australia, and Sweden. In order to compare fees across countries, this paper looks at the evolution of a simple cost measure, the ratio of annual fees to assets under management. The relatively high fee to assets ratios in some Latin American and Central and Eastern European countries can be partly explained by the recent implementation of their private systems. However, system maturity cannot explain all differences observed between countries. The paper argues that the particularly low fees observed in Bolivia and Sweden at the inception of their respective systems stem largely from a decision to force cost competition among providers via a central agency or =clearing house‘.

Series Statement

OECD Working Papers on Insurance and Private Pensions, 1993-6397 ; no.27

Uniform Title

OECD Working Papers on Insurance and Private Pensions, no.27.

Subject

Finance and Investment

LCCN

10.1787/236114516708

OCLC

oecd-lib

Author

Tapia, Waldo.

Title

Fees in Individual Account Pension Systems [electronic resource]: A Cross-Country Comparison / Waldo Tapia and Juan Yermo

Imprint

Paris : OECD Publishing, 2008.

Series

OECD Working Papers on Insurance and Private Pensions, 1993-6397 ; no.27

OECD Working Papers on Insurance and Private Pensions, 1993-6397 ; no.27.

Connect to:

Full text online available onsite at NYPL

Indexed Term

Finance and Investment

Added Author

Yermo, Juan.

Other Standard Identifier

10.1787/236114516708 doi