# Finpension (2nd/3rd pillar investing)
**URL:** https://forum.mustachianpost.com/t/finpension-2nd-3rd-pillar-investing/2864
**Category:** Banks, Insurances & Third Pillar
**Created:** [December 6, 2019, 6:13am UTC](https://forum.mustachianpost.com/t/finpension-2nd-3rd-pillar-investing/2864 "2019-12-06T06:13:51Z")
**Posts on this page:** 20
**Page:** 3
### Author:  [@snoware](https://forum.mustachianpost.com/u/snoware)
#### Post date: [April 5, 2020, 1:36am UTC](https://forum.mustachianpost.com/t/finpension-2nd-3rd-pillar-investing/2864/42 "2020-04-05T01:36:42Z")
isn’t released as of yet. I moved my money to WIR bank to stash it there as I’ve been without a job for the past few months.
You can move the funds over to VIAC once the 2nd pillar feature is deployed.
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### Author:  [@San\_Francisco](https://forum.mustachianpost.com/u/San_Francisco)
#### Post date: [April 5, 2020, 10:38am UTC](https://forum.mustachianpost.com/t/finpension-2nd-3rd-pillar-investing/2864/43 "2020-04-05T10:38:15Z")
> [@snoware](#):
>
> I moved my money to WIR bank
In most cases it’s disadvantageous to _actively_ do this within the first 6 months after the termination of pension fund membership (becoming unemployed).
WIR’s Freizügigkeitskonto has an interest rate of 0.1%, whereas the effective interest rate provided by the former pension fund will in most cases be higher (due to the minimum interest rate set by the LOB/BVG/LPP for mandatory benefits. This does _not_ apply to vested benefits accounts).
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### Author:  [@snoware](https://forum.mustachianpost.com/u/snoware)
#### Post date: [April 5, 2020, 12:23pm UTC](https://forum.mustachianpost.com/t/finpension-2nd-3rd-pillar-investing/2864/44 "2020-04-05T12:23:06Z")
You are right. I did it 7 months after contract termination.
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### Author:  [@rolandinho](https://forum.mustachianpost.com/u/rolandinho)
#### Post date: [April 6, 2020, 7:50pm UTC](https://forum.mustachianpost.com/t/finpension-2nd-3rd-pillar-investing/2864/45 "2020-04-06T19:50:16Z")
I’ve quit & been unemployed or between jobs a few times, sometimes for more than 6 months. I didn’t know that about the 6 months, because HR always emphasise “tell us where to transfer your pf” in the last weeks of a job.
So after your notice period runs out & you become unemployed, you could leave the funds in the old pension fund? You ignore their letters/calls to tell them where to transfer it (new employer of Freizügigkeitskonto)? And after 6 months of this, they transfer it where to, if you still don’t give them an account?
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### Author:  [@Cortana](https://forum.mustachianpost.com/u/Cortana)
#### Post date: [April 6, 2020, 8:00pm UTC](https://forum.mustachianpost.com/t/finpension-2nd-3rd-pillar-investing/2864/46 "2020-04-06T20:00:50Z")
To the BVG Auffangstiftung. It’s like a collection of all the pension funds that couldn’t be transferred within 6 months after you leave your last employer.
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### Author:  [@Cortana](https://forum.mustachianpost.com/u/Cortana)
#### Post date: [April 15, 2020, 7:23pm UTC](https://forum.mustachianpost.com/t/finpension-2nd-3rd-pillar-investing/2864/47 "2020-04-15T19:23:52Z")
Just got an update that the FZK solution will be postponed to May 2020. A couple of important appointments were cancelled due to the current situation.
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### Author:  [@Mustachioed](https://forum.mustachianpost.com/u/Mustachioed)
#### Post date: [May 7, 2020, 8:04am UTC](https://forum.mustachianpost.com/t/finpension-2nd-3rd-pillar-investing/2864/48 "2020-05-07T08:04:34Z")
Based on today’s iOS app update, it looks like we’re getting a bit closer:
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### Author:  [@Cortana](https://forum.mustachianpost.com/u/Cortana)
#### Post date: [May 7, 2020, 8:15am UTC](https://forum.mustachianpost.com/t/finpension-2nd-3rd-pillar-investing/2864/49 "2020-05-07T08:15:02Z")
No update yet for Android.
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### Author:  [@thc](https://forum.mustachianpost.com/u/thc)
#### Post date: [May 10, 2020, 6:45am UTC](https://forum.mustachianpost.com/t/finpension-2nd-3rd-pillar-investing/2864/50 "2020-05-10T06:45:42Z")
Indeed the _VIAC_ iOS app has been renamed to _VIAC 3a_ on the App Store, and the title screen no shows the 3a 😀
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### Author:  [@Cortana](https://forum.mustachianpost.com/u/Cortana)
#### Post date: [May 11, 2020, 9:35pm UTC](https://forum.mustachianpost.com/t/finpension-2nd-3rd-pillar-investing/2864/51 "2020-05-11T21:35:12Z")
No for Android too. I think we are getting the FZK solution this month, finally 😃
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### Author:  [@jmk](https://forum.mustachianpost.com/u/jmk)
#### Post date: [May 19, 2020, 6:56am UTC](https://forum.mustachianpost.com/t/finpension-2nd-3rd-pillar-investing/2864/52 "2020-05-19T06:56:12Z")
If you start a new job, are you obligated to move your vested benefits/pillar 2 to the institution fund of your employer, or do you have the option to go with VIAC (whenever they get around to finally releasing their pillar 2 product)?
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### Author:  [@Cortana](https://forum.mustachianpost.com/u/Cortana)
#### Post date: [May 19, 2020, 7:01am UTC](https://forum.mustachianpost.com/t/finpension-2nd-3rd-pillar-investing/2864/53 "2020-05-19T07:01:25Z")
You are obligated, but how are they going to force you anyway? 😛
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### Author:  [@Cortana](https://forum.mustachianpost.com/u/Cortana)
#### Post date: [May 19, 2020, 8:46am UTC](https://forum.mustachianpost.com/t/finpension-2nd-3rd-pillar-investing/2864/55 "2020-05-19T08:46:33Z")
Wow thanks, didn’t know about them!
But I’m not in a rush. Would be great to have everything in one place.
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### Author:  [@male](https://forum.mustachianpost.com/u/male)
#### Post date: [May 19, 2020, 5:49pm UTC](https://forum.mustachianpost.com/t/finpension-2nd-3rd-pillar-investing/2864/57 "2020-05-19T17:49:41Z")
> [@TeaCup](#):
>
> they might even trade in CHF and avoid the FX loss
Why would you think/assume that?
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### Author:  [@wapiti](https://forum.mustachianpost.com/u/wapiti)
#### Post date: [May 19, 2020, 6:16pm UTC](https://forum.mustachianpost.com/t/finpension-2nd-3rd-pillar-investing/2864/58 "2020-05-19T18:16:03Z")
VIAC will be launch next week.
The offer of Valuepension is really good. I had some questions. I will post the answer here, especially about FX
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### Author:  [@Cortana](https://forum.mustachianpost.com/u/Cortana)
#### Post date: [May 20, 2020, 7:33am UTC](https://forum.mustachianpost.com/t/finpension-2nd-3rd-pillar-investing/2864/59 "2020-05-20T07:33:13Z")
I just asked, Tuesday next week! Yay! 😃
And he said that should be enough time to transfer it internally from WIR FZK zu Viac for investing it on June 1st.
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### Author:  [@wapiti](https://forum.mustachianpost.com/u/wapiti)
#### Post date: [May 20, 2020, 3:54pm UTC](https://forum.mustachianpost.com/t/finpension-2nd-3rd-pillar-investing/2864/60 "2020-05-20T15:54:17Z")
If the offer of Viac BVG is the same as VIAC 3a, I think that valuepension.ch is better:
- No foreign currency limit (you can invest 99% in MSCI World)
- Lower minimum cash balance: 1% for Valuepension, 3 % for VIAC
- CHF funds for Credit Suisse funds, so no FX cost (or really low); In some cases, funds/ETF can be in foreign currency, the FX cost would only be 5bps.
- Factor funds (volatility, quality)
- Lower cost 0.49% for Valuepension vs 0.51% for Viac
- Select at which % of deviation to rebalance
One point to be aware with valuepension, if you transfer out the money to an other foundation the first year (and only the first year), you need to pay 400.-
A 3a solution is planned for the end of the year
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### Author:  [@Cortana](https://forum.mustachianpost.com/u/Cortana)
#### Post date: [May 20, 2020, 4:32pm UTC](https://forum.mustachianpost.com/t/finpension-2nd-3rd-pillar-investing/2864/61 "2020-05-20T16:32:28Z")
Dude it looks very interesting! They are even planing to do a 3rd pillar solution! I agree with all your points.
Damn, don’t know what to do now. Viac BVG will be close to identical to Viac 3a.
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### Author:  [@wapiti](https://forum.mustachianpost.com/u/wapiti)
#### Post date: [May 20, 2020, 4:35pm UTC](https://forum.mustachianpost.com/t/finpension-2nd-3rd-pillar-investing/2864/62 "2020-05-20T16:35:33Z")
Ask Viac why they are better than Valuepension.
At this point, i would go with Valuepension.
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### Author:  [@Cortana](https://forum.mustachianpost.com/u/Cortana)
#### Post date: [May 20, 2020, 4:46pm UTC](https://forum.mustachianpost.com/t/finpension-2nd-3rd-pillar-investing/2864/63 "2020-05-20T16:46:18Z")
Only downside is that they are very new. Finpension AG was founded in 2016. VIAC is working with Wir Bank, they are almost 90 years old. So more trusting? My questions for VIAC:
1. Why can’t I go to 99% stocks?
2. Why can’t I chose freely how much I want to invest in a single indexfund? Why can’t I just be 3% in CH, 86% in MSCI World ex CH and 10% in MSCI EM?
3. Why do I have to invest 40% in CHF?
4. Why can’t set my own rebalancing bands or turn off rebalancing totally?
5. Why don’t they invest in CHF funds to save FX fees?
These are a lot of things that Valuepension does better!
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