Fees in Individual Account Pension Systems

Tapia, Waldo; Yermo, Juan

doi:10.1787/236114516708

Cited by 13 publications

(1 citation statement)

References 3 publications

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“…High administration fees can reduce the income in retirement substantially. Furthermore, economies-of-scale can be found by having the collection of fees administered by a single organisation (or a limited number of approved funders) rather than a large number of pension providers (Tapia & Yermo, 2008).…”

Section: Proposed Automatic Enrolment In the Roimentioning

confidence: 99%

Gender and proposed Auto‐enrolment in the Republic of Ireland: Lessons from the UK

2020

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The introduction of "soft" compulsion in the form of Autoenrolment into non-state pensions has been seen as a key policy response to the challenges presented by an ageing population and concerns about under-saving for retirement in the UK. Since its introduction in 2012, amongst eligible employees in the private sector, pension participation had risen by over 31 percentage points to 73% of eligible employees in 2016. Despite these trends, Auto-enrolment in the UK has not been without criticism, particularly in terms of its exclusion of certain groups, including carers, amongst whom females are over-represented. The Republic of Ireland (ROI) has recently announced its intention to implement an Auto-enrolment pension scheme. As such, this article examines the UK's experience of rolling out Auto-enrolment policy and considers lessons that could be learned by the ROI from the UK in its pursuit of Autoenrolment, with a particular focus on women's pensions. Initially it outlines the current Irish pension system, the gendered nature of pensions, and the proposed Autoenrolment system in ROI. Then it discusses the UK's experience of Auto-enrolment, with a particular focus on gender, before examining the lessons the ROI can learn from the UK's Auto-enrolment policy in relation to women and pensions. Finally, it concludes that Auto-enrolment alone will not resolve the gendered nature of pensions in the ROI and

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Section: Proposed Automatic Enrolment In the Roimentioning

confidence: 99%

Gender and proposed Auto‐enrolment in the Republic of Ireland: Lessons from the UK

2020

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Managers beyond borders: side-by-side management in mutual funds and pension funds

Alda

2019

Rev Manag Sci

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Factors behind the administrative fees of private pension systems: an international analysis

Tuesta¹

2013

Journal of Pension Economics and Finance

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This work has three objectives: first, to provide a comprehensive review of administrative fees; second, to construct a comparative data set for 53 countries; and third, to perform an empirical analysis that highlights the main determinants of pension fees from a world-wide perspective. The paper provides an econometric analysis by using panel data techniques. It finds the greater statistical significance of market size, result that is reinforced by mandatory pension schemes. Other factors, such as structural country conditions, market's vertical integration and the presence of an occupational pension scheme, seem to be less relevant.

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Fees in Individual Account Pension Systems

Cited by 13 publications

References 3 publications

Gender and proposed Auto‐enrolment in the Republic of Ireland: Lessons from the UK

Gender and proposed Auto‐enrolment in the Republic of Ireland: Lessons from the UK

Managers beyond borders: side-by-side management in mutual funds and pension funds

Factors behind the administrative fees of private pension systems: an international analysis

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