Scheme Expenses and managing

Created by Aruja Jeyachandran

Common scheme costs
AIPL

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TermDefinition
Common scheme costs
AIPL
how to manage the costs for the following..
Admin
monitor expenses + take action to control cost, outsource wok to 3rd party at fixed price, monitor outsourced price regularly, monitor inflation expense
Investment
ensure charged as % of fund in line with performance, use tracker funds, move to passive inv strategy than active
Professional + legal
Other common costs
membership change (fewer deaths), demand for professional advisors rising