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Old 29.09.2012, 20:33
kyo kyo is offline
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Finding a Pillar 3 Pension Scheme

Hi,

Although I have a company pension, i've come to the conclusion that for some extra security, it's time to take out my own pension scheme.

I think this falls under the Pillar 3 bracket. Where can I find such products.

Feel free to PM me if you dont want to post publically.
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Old 29.09.2012, 20:34
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Re: Finding a Pillar 3 Pension Scheme

Most banks offer one
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Old 29.09.2012, 20:37
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Re: Finding a Pillar 3 Pension Scheme

As I know very little about this topic, is there somewhere where I can goto (website/book) to see how competitive each one is.
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Old 29.09.2012, 20:41
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Re: Finding a Pillar 3 Pension Scheme

Not sure if there is much competition more focused on security at best if you get 2-3% return then its probably doing ok. The main difference will be if you take a standard option or link theinvestment to stock or govt bonds in some form
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Old 29.09.2012, 21:21
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Re: Finding a Pillar 3 Pension Scheme

Have a look here for general information

Swiss pensions consolidated summary
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Old 29.09.2012, 21:35
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Re: Finding a Pillar 3 Pension Scheme

The link pointed to another post which sent me here :

http://www.ubs.com/ch/en/swissbank/p...a/savings.html

When I enter postcode : 8004, Town : Zurich, Canton : ZH

It spits out an error saying that "Postal code, city and canton do not match!"

I can't see what I am doing wrong, it looks good to me, but if it does work, this tool could answer many questions immediately.
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Old 30.09.2012, 10:06
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Re: Finding a Pillar 3 Pension Scheme

I guess that you have understood the basic principle of the 3rd pillar that the state rewards you for locking away some of your salary (current maximum SFr 6'682 per year) long term, in exchange for a tax concession.

I can't add much to the information supplied in the link in jako's post which is very comprehensive, but I would just like to point out the following.

Some 3rd Pillar products, particularly those sold by insurance companies, require a long term comittment to make regular premium payments. If you have to back out of the contract because, for example, your circumstances change (lose your job etc.), you can end up losing a significant amount of money. The simpler 3rd Pillar products, usually sold by banks, don't come with this requirement.
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Old 30.09.2012, 13:41
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Re: Finding a Pillar 3 Pension Scheme

Quote:
View Post
The link pointed to another post which sent me here :

http://www.ubs.com/ch/en/swissbank/p...a/savings.html

When I enter postcode : 8004, Town : Zurich, Canton : ZH

It spits out an error saying that "Postal code, city and canton do not match!"

I can't see what I am doing wrong, it looks good to me, but if it does work, this tool could answer many questions immediately.
It will accept:
Zürich


This might be of interest as well:

https://en.comparis.ch/banken/vorsorge/default.aspx
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