does anyone have experience of the Fz konto at Postfinance.ch?

Thanks!

I just moved my pension fund balance due to redundancy to the Post Finance.

Simple and quick. 2% fixed int offered. Option to invest 25% or 45% in equity funds, which I have chosen to forgo for the moment, but will look into if the market corrects significantly.

excellent dino - have you split your Fz or is it one pot? Can you switch to equity funds without penalty?

I did not split my Fz.. frankly at the time I made the move, I was not aware either of this possibility or of the benefits of splitting.

Anyone know if I can split now, or can that only be done at the time of opening the Fz?

I was told that moving into and out of equity funds is quick and free ("as long as you don't want to switch every week", my adviser told me in a very stern Deutsch accent). However, he also told me that the funds were no-cost, which I did not frankly believe, and later found that statement to be untrue. (the expense ratio is about 0.8% - see here)

Split only possible when pension plan pays out to Fz. Existing Fz cannot be split. Otherwise, people would go on splitting endlessly!

PF is a good Fz choice. I can confirm Dino's input.

Note however, that PF outsources Fz to the "Rendita Trust". That is a CS subsidiary. Hence, the PF fz does not benefit from unlimited CH state guarantee.

hello, I'm late to this thread - but didn't want to start a new thread elsewhere in EF, as my query is about my Swiss spouse's Freizuegigkeitskonto.

Basically she has worked in Switzerland in various jobs and then relocated to UK (EU country) some 8 years ago before moving onto an non-EU country (Australia). She can't remember where her pension contributions have ended up. After reading this EF thread and a few others on the EF.CH boards, would I be correct in ascertaining that she has only to ask her last Swiss employer for the company / fund name of her Freizuegigkeitskonto account? No need to approach all of her Swiss employers?

Down under in Australia, it is quite easy for people to trace their "lost" pension contributions (we call it superannuation here) - purely by entering their tax file numbers and a few other details at http://unclaimedsuper.com.au/. Is there a similar website or organisation in Switzerland that long-departed employers can trace their lost AHV & BVG (pillars 1 & 2) contributions as well as their employers' contributions?

She just wants to re-establish her Swiss pension contributions' paperwork and then leave it until she reaches her pension age whether down under or back in Switzerland.

Danke! A

Oops, I stand corrected (that Aussie website - no tax identification details needed, just name & birth date).
Nevertheless I'm still keen to find out as I did try freizuegigkeitskonto as a CH website URL search only to end up at a private company's website, so that's no use to us.

Pillar-1
State pension. You Contact any Swiss AHV office. They are all networked.

Pillar-2
A person can have more than one Freizugifkeitskonto. Officially permitted is 2 but this is not coordinated among the Banks. Each Bank protects the secrecy of its customers and accounts. If the employee does not open a FZ account and inform the employer, then the employer sends the vested benefits to the Auffangeinrichtung BVG http://www.aeis.ch/index.php?id=ueberuns&L=4

Non existent data security! All you need is someone's birth date and discover their Australian pension?

Goldtop,

many thanks for your replies - my wife is now ready to track down her AHV & BVG monies to get her contact details updated.

As for that lost-super website, well yes "not that great data security". However you don't find anything IF the "holder" has kept their details updated after leaving last AU job. It is there for people who lost their pension contributions and even so, you can't just take the money - it tells you where the monies are now and how to lodge formal paperwork (with ID proof). Very useful when you got a forgetful elderly relative (not my spouse!) and trying to organise their overdue AU pension payments...

Danke once again, A

I am leaving the country for a few years and I am thinking to go Postfinance.
The rate of 1.75% is one of the best I found, and they don't seem to have any extra expenses:
Any reason not to choose them?


They also offer the option to combine this vested account with pension funds but that would be too complicated for me.