Expert Dialogue
Cost Steering in
Pension Funds:

Pension funds face increasing pressure to demonstrate control over administration costs, fiduciary expenses and asset management fees. Boards expect transparent cost drivers, defensible allocation logic and clear insight into cost per participant or mandate, not only for reporting but also to support steering decisions.

Yet administration and investment domains are often modelled separately. Allocation discussions return each year, while cost information remains largely retrospective and difficult to use for strategic trade-offs.

In this interview style session, Sander den Hartog and Aswin Ruijter discuss how pension organizations can move from fragmented reporting to one integrated, auditable and maintainable cost model that connects administration, fiduciary oversight and asset management and supports board level decision making.