Postfinance new pension funds: is it a suicide?

Clickbaity title for the latest sad news from PF:

tldr: they retire “their” (UBS’) old funds to offer actively managed fund with higher TER (from 0.8-0.9% to 1.12-1.27%).
The good news is that they will be sustainable and offer more stocks percentages…

They give us 1 month to change. Because I’m going to change for sure.

I am now looking for reasons to stay at PF. I wanted to keep it for simplicity, for the 100k online fraud insurance, for when I’m going to diversify ETF broker, but I might change.

I am starting to believe they are really testing the waters for big banks or worse they are killing themselves to move their customers to other banks.

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I just opened an account at Finpension.
Losing .8% is just too much.


Whit this change in addition of all others (from last years) PF became a bank to avoid .
I’m considering going away from all services .


sad indeed, especially what other “improvements” does the future hold for Postfinance clients who actually think that compared to the big banks Postfinance are quite ok?

grr, i have some Pension 100 and TER goes up from 1% to 1.27%. I was holding some 3a at Postfinance for diversity, but the difference to Viac & Finpension is now too much.

Me too. Although just the 3a bit. I still like their Aktiendepot and current accounts.

IMO testing price increases for better profits since they know most alternatives cost more anyhow.

Joining in disappointment.
-No more eCockpit
-No more free account keeping
-expensive E-Trading
-now killing the 3a products

I’m moving off our household accounts (question in where to?), the 3a accounts to Finpension and will probably close the account this year altogether. Bad decisions all around.

Too bad for PF, they developed so much from 10yrs ago and the design of the netbank is otherwise great. It’s just too expensive.

Just got a snail mail.

PostFinance45, 75 and 100 products will change to “ESG50”, 75 and 100, respectively.

Plus they will raise the TER from around 1% to 1.20-1.24% yearly.

With that and the removal of eCockpit I guess it’s time to drop the Post. It was good while it lasted. RIP.


There is already some discussion here: Postfinance new pension funds: is it a suicide?

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Uh, it was already before not very attractive with 1% if you compare it to Finpension or VIAC, was it?

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Apologies, we can scrap/merge this thread then.

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Pretty much all pension funds directly offered by banks have high TER. Glad to have many cheaper and better offers by third parties like finpension, viac and frankly nowadays. It’s definitely one of the reasons that I’ll transfer mine from PF.

Traditional banks in switzerland are quite expensive but competition from online banks will create more changes over time. My parents still prefer “big banks” because they offer personal/face to face customer service just in case something happens.


It was “okay”. Not great, not terrible, but very reasonable returns altogether on the PF75 fund.
I used it as diversification against my other pot in Finpension.

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If you need more than just basic banking you will be completely lost at any Swiss bank. Trading and 3a are just unreasonably expensive everywhere.

For regular banking maybe Migrosbank could be an option.

19 posts were split to a new topic: User137’s new banking setup

I’ll go to BCV with our joint account the next time PF raises a fee. Some minimum requirement (10 or 15kCHF for the free account) but that goes together with my emergency knipl

Have just successfully moved my 3a from PostFinance to Finpension. I will pay the monthly 5.- gladly knowing how much I am going to save in 3a fees. Funnily enough, during the 1-2 days the amount was in cash in the account I got a commercial call trying to explain to me that I should invest in their funds.

I still find PostFinance a great option to hold several accounts in CHF and EUR for a low fee. BCV, UBS and others either do not offer EUR accounts or they charge you ridiculous prices for them.

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I got the same call asking if I want to go in for a free consultation on how to invest my money.
I’m sorry for those advisors, but I hope they bring back the message home.

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This discussion is mostly about how bad a move this is, but never forget that people on this forum are personal finance aficionados.

Most people aren’t.

I claim that most people would profit a lot from buying their banks’ 3a solutions, instead of doing nothing.

And most of those who are with the bank are hardly going to change anything about their 3a because of the price hike. They are likely to do nothing.

It may work out for PostFinance after all


Just got a text message from a friend who is not very much into personal finance and he’s asking me where I have my 3a since he wants to move away from PF after this.

But most people won’t change anything, I’m sure.

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