Mine got published as well. All funds are managed by UBS but they do not published the fees applied to our funds nor the allocation and the sub-funds .
| Year | Fund return | Interest paid | Funding ratio | Conversion rate < 2,00kchf | Conversion rate > 2,00kchf |
|---|---|---|---|---|---|
| 2025 | 6,30% | 4,50% | 115,35% | 5,40% | 4,00% |
| 2024 | 9,60% | 5,00% | 112,83% | 5,00% | 5,00% |
4.5% employer with its own PK.
also important to me:
Disability pension (up to AHV age): 60% (of insured salary)
Disability Child-Pension: 12%
spouse pension: 48%
Orphan Pension: 12%
5% to 4% p.a. is a drastic change from one year to the next, reducing the pension payments by 20%. Is this strictly for the non-mandatory part or is this an overall conversion rate (which is more common nowadays, as far as I know)?
Actually, I have misunderstood. It is 5,40% bellow 2 millions chf and 4% conversion rate above.
Did anyone hear anything about the lawsuit in the meantime?
Not since those articles. I expect it to take ages and not have retroactive impact.
Could you share details for your strategy?
I thought I have VT replication as well and (since 06.2020) I’m getting 45% only. Bummer.
I adjusted my strategy since I moved my 3rd pillar accounts to Finpension. Now it’s basically VTI in my brokerage account and ex-USA at Finpension. So it’s not really useful for you.
Combined with the brokerage account I’m getting: 74.3% North America, 10.5% CH, 8.3% Europe, 4.3% Pacific and 2.6% EM. I’ll probably aim for 70% US, 10% CH, 10% Europe and 10% rest long-term.
No Bitcoin?
I have 2 Finpension accounts (2nd pillar) and oddly enough was only allowed to go for Bitcoin in one of them (max 5%).
Makes no sense. Bitcoin gets you capital gains only, which isn’t taxed as income. But it will get taxed in 3a eventually (withdrawal tax). So don’t ever hold assets with capital gains only in your retirement accounts.
I didn’t imply only holding it in a retirement account. Set that aside, wouldn’t you be happy with a large tax bill on 2nd or 3rd pillar withdrawel given it implies lots of gains?
No I wouldn’t. Because I could have just bought BTC outside of retirement accounts with no taxes at all?
So your 2nd pillar strategy is to avoid all capital gains? interesting…
FWIW, the only case where it matters is when the withdrawal tax is very progressive. With a flat tax rate, how much growth/gain you get during the accumulation doesn’t matter for the end result (I think there’s quite a few threads with the details).
Isn’t this a case of “the more withdrawel tax you pay, the better” (aside from tax optimization based on which kanton you live)? I.e. you don’t want to pay too much (vs the rules) but sure the more you pay implies the more your investments gained which is a good thing?
Depends on how long you hold them and the tax at the end. You’ll be paying wealth tax on it the whole time it is out of the pension fund, so there’s a trade-off between wealth tax and the withdrawal tax.
I think you‘re not getting my point. You look at it too 1-dimensional. Lets say you have 50k at Finpension and 150k outside of retirement accounts. You goal is to be invested 10% in BTC and 90% in stocks overall, so 20k in total in BTC and 180k in stocks. Then it would be more ideal to have those 20k BTC outside 3a/FZK.
I think it’s a good idea in theory but in practice one doesn’t necessarily want so many bond like things. Especially something like a pillar 2 the big advantage is that the BVG obligatorium has a minimum RoR: what the fund invests in in terms of income vs appreciation orentated isn’t so relevant. Pillar 3a fine why not tendencially hold ones bonds there „cash with a bit of returns“ I believe CubanPete called it! 
is bitcoin still a thing? Why would anyone want that junk again? It has no income and will eventually have -100% capital gains so seems not so relevant to the discussion
could be an argument to have it in your 3a to reduce the eventual withdrawal taxes 
Profond published an update on this and an interview in AZ about it (behind Paywall)