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Provident fund costs down, but pension funds and RAs more expensive, according to report

Provident fund costs down, but pension funds and RAs more expensive, according to report

Average administrative costs per retirement fund member increased from 2006 to 2018, but this overall increase conceals that average costs have fallen for particular fund types and classes and benefit structures. This is one of the findings contained in a report, published by the FSCA and National Treasury, on the economies of scale in the […]

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