VIAC now offering vested benefits (2nd pillar) account

It’s been a long time coming but great to see it’s finally here:

Anyone signed up, or considering to do so?

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There is a 80% stock limit when you do your own strategy. Just wrote them about that and waiting for a reply now.

ValuePension has a much better offer IMO.

Edit: So it’s max. 80% for the mandatory part and max. 97% for the rest.

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I find this (and other 2nd pillar VB offerings) absolutely amazing for people who would be leaving CH at some point. :slight_smile:
I hope they do leave you with same amount of “control” from abroad as well.

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Does ValuePension let you make individual choices in terms of index funds or ETFs?
Browsing through the investment options, it doesn’t look like it. And the partners’ options don’t look very appealing.

Of course they do. They are offering the same funds like Viac (and more), but almost everything in CHF. So no 0.75% FX fees like Viac. And you can go up to 99% without any limitations on fund or currency exposure.

I can confirm that the offer of valuepension is better.
VIAC wins only on the following points:

-transfer to an other vested benefit is free. Valuepension: 400.- but only the first year
-with a high amount of bonds, VIAC is cheaper

I’ve asked them for the detailed documentation of all the investment options.
If you have it and can share it, it would be of help.

You have the full detail on the simulator: https://www.valuepension.ch/index-solution
Quite detailed…

Thanks for the reply.
I’ve seen that part. I’ve seen that clicking the + one can see other options of funds.
From the comments of the forum, I was expecting to see more than the approx 25-30 choices available. Am I missing anything?

I went and looked up the ISINs and factsheets on Credit Suisse.
What I don’t see (or am not sure how to verify) is when a fund is in CHF or not (so as to avoid the exchange rate fees). If I click on the links of the VIAC funds - that they specify to be in USD - I still end up on a page which says currency of the fund CHF.
Also, on valuepension there is a summary at the end of the allocation stating foreign currency exposure x%.
So how do I know which fund is in CHF? (except for asking them, which I did already)
cheers

I’ve quit my job to focus on my studies. So I’ll be unemployed for ~half a year and need a Freizügigkeitskonto to move my 2nd pillar to. It’s quite the small amount.
I’ve two questions:

  1. Is VIAC the best options for a short term account? I see that valuepension might have better conditions but the transfer costs are high.
  2. If I choose VIAC does this distribution sound sensible? (It’s basically the highest risk in ETFs allocation I could find - max. 80% stocks and min. 20% swiss stocks.)
    3% cash
    17% CSIF CH Bonds AAA-AA
    60% CSIF World ex CH - Pension Fund Plus
    20% CSIF SMI

I wouldn’t recommend investing in a significant amount of stock for just half a year. While nobody can predict when the next downturn starts, a crash or serious downturn in the next 6 months is definitely a possibility. If you’re investing long term, the markets are expected to recover within a few years. However, if you sell the investment in half a year and transfer it back to a pension fund, you would not benefit from the recovery and thus, could lose a large percentage of the money.

You could choose a strategy with 20% or maybe 40% equity to at least limit the risk. However, for half a year I wouldn’t bother.

BTW: With CH Bonds AAA-AA you’d likely lose money as well due to negative yield (+fees), unless the (longer term) interest rate falls further.

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Generally makes sense, but I won’t be able to touch the money eitherway for the next 35 years or so. So the increased risk doesn’t really bother me, just interested in maximising the expected returns.

Or am I missing something?

Thanks for the advice on the CH Bonds, I’ll look into it. Seems it would be smarter then to just keep the bonds-requirement in cash?

If you don’t care about the risk, the strategy is probably ok. I would probably add small caps and maybe emerging markets. Maybe something like:

45% World ex CH
8% World ex CH Small Cap
7% Emerging Markets
10% SMI
10% SPI Extra
20% Cash or CH Real Estate

Yes, cash currently makes more sense than CHF bonds, in my opinion. As you want to maximize expected return, mostly ignoring volatility, CH Real Estate may be a better choice than bonds or cash.

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