Reasons to justify fees on assets in the Peruvian private pension sector
AbstractThis paper analyzes the fees collection system in the Peruvian pension system and evaluates switching from fees on flow to fees on assets, which has several advantages. These advantages include the fact that it makes the fees that the pension company charges for the service it provides more transparent by considering the assets being managed (the pension fund), and not the memberâ€™s salary, as the basis. The paper concludes that, at the moment, the Peruvian private pension system has reached sufficient maturity so as to consider implementing a fee in Individual Account Pension Systems, which would make the system management and supervision process more transparent.
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Bibliographic InfoPaper provided by BBVA Bank, Economic Research Department in its series Working Papers with number 1024.
Length: 18 pages
Date of creation: Sep 2010
Date of revision:
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- Angel Melguizo & Angel Munoz & David Tuesta & Joaquin Vial, 2009. "Pension reform and fiscal policy.Some lessons from Chile," Working Papers 0915, BBVA Bank, Economic Research Department.
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14172, University Library of Munich, Germany.
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