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Tuleva fees drop again
The more people save at Tuleva, the less we all pay in fees. The less we pay in fees, the more of the returns we keep for ourselves. This is the essence of Tuleva’s model. Our assets under management have grown by 300 million euros in a year and exceeded the 1.3 billion euro mark….
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You can now acquire more of Tuleva’s membership capital
Tuleva members have a new opportunity to participate even more in Tuleva’s growth: we can transfer membership capital to each other. We don’t choose between low fees, growth and owners’ profit Tuleva was founded by people who wanted better pension funds for themselves and were ready to invest both money and time to achieve this….
How do we use membership fees?
Membership fees are used to develop the Association and to represent the interests of members. The fees of our first members were used to raise the fund’s initial capital, introduce Tuleva to the general public, and make preparations to start the fund, including application for an activity license from the Financial Inspectorate. From this point forward, membership fees will be used for the following activities:
- Membership community management and communication
- Development of Tuleva’s web page, blog, and other informational channels
- The creation of proposals and influence analysis to improve the Estonian pension system, in cooperation with the Ministry of Finance and other state organizations
- Development of Tuleva’s IT systems
- Preparation and analysis of voluntary savings products and Third Pillar options