Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Turkey’s Treasury Proposes Cuts to Pension Fees, Milliyet Says

The Turkish Treasury proposed a draft law reducing management and entry fees charged by private pension companies and will notify the providers this week, Milliyet reported, without saying where it got the information.

The ceiling on management fees will be cut to 2 percent from 8 percent and the fund management charge lowered to 2.2 percent from 3.65 percent, the Istanbul-based newspaper said. The entrance fee will be cut to 10 percent of the gross monthly minimum wage, which is now 940 Turkish liras ($525), from 50 percent, according to Milliyet.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.