Specifically, the Government will replace the maximum pension plan management fee, currently set at 1.5%, by a three-tranche system based on the different investment policies of the funds themselves: in the fixed-income ones it will be reduced to 0.85%, in the case of mixed fixed income it will be reduced to 1.3%, while for the rest of the funds (variable income and guaranteed funds) the maximum management fee is maintained at 1 ,5%.

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