We invest the premium that your employer pays (in the Plus scheme together with you). This comes at a cost. This is how we pay the parties who invest for us. We call this the management costs. We also incur transaction costs. These are, for example, the costs that the stock exchange charges when buying and selling shares or bonds. The management and transaction costs for investing your pension capital are deducted from the investment return.
StiPP considers low costs important. The fewer costs we incur, the more money is left over for building up your pension capital. We therefore try to keep investment costs as low as possible.
In 2021, total investment costs amounted to 0.26% of the average invested capital (of which 0.21% are management costs and 0.05% transaction costs). A detailed explanation of the costs can be found in the annual report 2021.