Danish Competition and Consumer Authority: Pension firm's asset management gains "lie in the high end"
Denmark's pension companies charge roughly 60 percent more to manage customers' investments than is necessary to cover costs, shows a new report from the country's competition authority.
BY JEPPE MAAGAARD HOLM, FINANSWATCH
The cost of having retirement savings managed by one of Denmark's commercial pension companies is approximately 60 percent higher than the companies' actual asset management costs, reports business media Finans.
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