Administration and asset management costs

  • Administration costs. The UPP annually deducts a sum from your pension capital. This amount is 0.2% of your capital.
  • Pension capital investment costs. These costs are included in the investment fund rates.

Allianz is responsible for administering the investments for the UPP. It charges a fee for doing so, which is 0.2% of your capital. These costs are set off against your accrued pension capital in January.

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