More money in old age thanks to the squirrel trick
22 May 2019
For many Swiss, the regular AHV and pension fund pensions will not be sufficient to enable them to live as well after retirement as before (annual pensions have fallen by almost 9% in real terms since 2005, see Figure 1). Although it would make sense to voluntarily put money into the pension fund, the...
Digitization - How pension funds can benefit from the experience of banks
27 May 2021
Imagine you get your physical account statement from your bank once a year. Apart from that, you can only conduct banking transactions by mail or direct contact. Does this scenario also sound to you like something that belongs to the distant past in the age of e-banking, mobile banking and neobanks? Fortunately, the digitization of banking business is already well advanced. The situation is different, however, when we look at the area of retirement provision and, in particular, that of many pension funds. After all, shouldn't the same convenience be possible there? And couldn't pension funds themselves also benefit from a similar development to that experienced by banks?