Costs play a vital role in the development of the members' pensions with time, and accordingly P+ observes the investments costs carefully. This means specifically that P+ must aim at investing through co-operations, structures and asset classes that lead to the lowest possible investment costs without obstructing the objective of achieving the highest possible expected return after costs.
All pension providers must calculate two key figures as a measure of the annual costs related to a pension scheme. The costs are calculated in DKK and as a percentage rate.
- Annual costs calculated in DKK (ÅOK) show both costs related to administration of the pension scheme and the costs related to investment of the funds.
- Annual costs calculated as a percentage rate (ÅOP) show the costs as a percentage of the pension savings.
The two figures supplement the costs that the pension fund must disclose in e.g. the annual report. You can read more about ÅOK and ÅOP here