We have once again managed to reduce the administrative costs.
LÍV’s main goal is for the company’s profits to benefit its customers.
In recent years, the company has welcomed many new customers. This means that the collective burden is shared by more people.
With the positive progress, the company has once again chosen to lower the administrative costs for customers of P/F Tryggingarfelagnum LÍV who have market interest arrangements, specifically for customers with savings established after 2012.
Starting January 1, 2025, the administration fee on annual contributions to pension savings will be reduced by more than 16%. The administration cost of the contributions will decrease from 3% to 2.5%. The saved administration costs will be added to the pension savings, so more will remain for the pension when the customer retires. The fixed annual fee will remain unchanged at DKK 150.
Since 2016, the administration fee on annual contributions has been reduced from 6% to 2.5%, while the annual fixed fee has been lowered from DKK 300 to DKK 150.
We do everything so that you can focus on your life.