Page ContentPensioenfonds PGB tries to keep costs as low as possible.We have costs for managing and investing the pensions. We want to keep those costs as low as possible. There are 2 types of costs:Costs for pension managementThese are the costs for the pension administration and informing participants about their pension. This includes the board’s costs. In 2015, the costs per participant were € 154. This includes a one-time cost for the new administration system and other projects. Costs for asset managementThese are the costs for the investment of the pensions. In 2015, these costs were around 0.31% of the capital invested.