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Good News for Savers, the Cost of Voluntary Pension Funds Remains Stable at Under One Percent
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The voluntary pension funds' asset-based fee burden ratio decreased slightly last year, while the investment cost ratio remained unchanged and the operating cost ratio decreased minimally, the Hungarian National Bank writes in its summary. The 30-year average total cost ratio, which models expected future costs, was 0.93 percent: the funds thus continue to offer their clients one of the cheapest retirement savings options.
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