Which of the indicated levels of annual management costs in the OIPE program would make you interested in this form of retirement savings?

In Poland, there is little interest in the third pillar of retirement savings. In the OIPE project (Overall European Individual Pension Product), management costs are not supposed to exceed 1% of the contributed capital, whereas in the PPK system, it is at a level of 0.5%. If there is no competition among product providers operating within the OIPE, costs can reach the limit. It may seem that 0.5% is not much, but with a larger investment amount over the course of a year, the difference is significant. A cost level of 0.20 is acceptable.

The answer to the question of which level of annual management costs in the OIPE program would prompt me to be interested in this form of retirement savings is the maximum level set by the legislator at 1.0%. This is an acceptable level of management costs that is completely understandable for program participants. This level of management costs can be seen as reasonable and competitive conditions offered by the OIPE program compared to other similar programs on the market. Accepting the maximum level of management costs at 1% shows that the OIPE program is transparent and fair to its participants. This form of retirement savings is worth my interest because it offers favorable conditions for managing my savings in the future. Moreover, the possibility of closely monitoring and limiting management costs makes me feel confident and trusting in the OIPE program as an effective method of building my future retirement. Therefore, the maximum level of annual management costs at 1% is attractive to me as a potential participant in the OIPE program and would prompt me to be interested in this form of retirement savings.

The translation of the text is as follows: "The difference of 0.55% (the difference between extreme management values) seems immaterial when compared to the expected growth in the value of well-managed capital."