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Administrative costs

Here you can see the administrative costs related to a pension scheme in P+.

The direct administrative costs are determined by the Board. The cost rates appear from the technical basis which is reported to the Danish Financial Supervisory Authority. The cost rates can at any time be changed prospectively. 

Pension schemes with an average interest rate:

 

Pension schemes with regular payments

  • The administrative costs account for DKK 10 of the monthly pension contribution.
  • The administrative costs account for DKK 10 of each single contribution (extra payment).
  • The monthly administrative fee accounts for DKK 20 per pension agreement.


Annuity certain, endowment policy, retirement insurance and supplementary retirement pension

  • The administrative costs account for DKK 5 of the monthly pension contributions and each single contribution.
  • The monthly administrative fee accounts for DKK 5 per pension agreement.

 

P+ Life cycle:

 

Pension schemes with regular payments

  • The administrative costs account for DKK 10 of the monthly pension contribution.
  • The administrative costs account for DKK 10 per single contribution.
  • The monthly administrative fee accounts for DKK 20 per pension agreement.

 

Annuity certain, endowment policy, retirement insurance and supplementary retirement pension

  • The administrative costs account for DKK 5 of the monthly pension contribution. 
  • The administrative costs account for DKK 5 per single contribution. 
  • The monthly administrative fee accounts for DKK 5 per pension agreement. 

Pension schemes with an average interest rate:

  • The monthly payment fee per pension agreement for pension schemes with regular payments accounts for DKK 30 per benefit payment.
  • The monthly payment fee per pension agreement for annuities certain and supplementary retirement pension accounts for DKK 10 per benefit payment.

 

P+ Life cycle:

  • The monthly payment fee per pension agreement accounts DKK 30 for pension schemes with regular payments. .
  • The monthly payment fee per pension agreement accounts for DKK 10 per payment. 

Pension schemes with an average market rate:

 

Spouse’s and cohabitant’s pension as well as children’s pension

  • The monthly payment fee accounts for DKK 20 per benefit payment.

 

P+ Life cycle:

 

Spouse's and cohabitant's pension as well as children's 

  • The monthly payment fee accounts for DKK 20 per benefit payment.

The fee accounts for DKK 1,000 regardless of the size of the cash compensation.

  • Transfer of pension savings to P+ from another company: DKK 0,00.
  • Transfer of pension savings from P+ to another company: DKK 1,000. Transfer of savings below DKK 20,000 is free of charge.