Yes, you can configure this under “Settings” in the top right menu. In this way, you will automatically receive your tax certificate by e-mail at the beginning of the year. For vested benefit assets, no tax certificate will be generated.
Yes, you can configure this under “Settings” in the top right menu. In this way, you will automatically receive your tax certificate by e-mail at the beginning of the year. For vested benefit assets, no tax certificate will be generated.
Yes, we allow you to manage up to 5 portfolios. You can add a second portfolio within seconds directly in the app. This allows you to make a staggered withdrawal as you get older. By withdrawing smaller amounts over several years, taxes can be saved (tax progression).
No, there are no wealth, income or withholding taxes during the term. Your 3a assets are only taxed at a reduced rate when they are withdrawn.
You will receive a tax certificate from us, which you simply have to enclose with your tax return. You must enter the deposit amount in your tax return under “Deductions”.
You can withdraw your retirement savings on the basis of statutory provisions. The most important reasons for purchase are:
A transfer to another pension foundation is possible at any time.
No. You can close your savings 3a with VIAC at any time. All securities are sold on the next weekly trading day on the following Tuesday. After the notice period of max. 31 days ((usually we transfer much faster, mostly within 5 working days after trading), you can transfer your pension assets to another pension foundation, which is free of charge at VIAC.
Since your Pillar 3a is basically a pension fund, you can only withdraw the money in a few exceptional cases as regulated by law. This long-term nature makes it suitable for investments in securities (assuming an investment horizon of 5-10 years). In this way, you benefit from higher earnings opportunities compared to the pure account solution. At the same time, an investment in real values, i. e. equities and real estate, provides a certain degree of protection against inflation. With a pure account solution you are completely exposed to this risk. Inflation expectations are currently around 2.0%, which is already higher than the interest rates of many providers.
In order to benefit from higher earnings opportunities, you have to accept certain price fluctuations. In addition to the interest-bearing account, we offer a variety of strategies with a small equity component (strategy 20), which are exposed to smaller fluctuations, up to pure equity strategies (strategy 100), which are exposed to larger fluctuations.
Download our app or register using your computer, answer 6 simple questions and find out which investment type you are. Your investment type will then tell you which strategy suits you best. If we find out from your answers that you don’t want to see fluctuations or that you have too short an investment horizon (e.g. because you want to withdraw your retirement assets for owner-occupied residential property in the next few years), we recommend a pure account solution with no fluctuations. Of course, you can override the investment proposal at any time. It’s very simple, just try it yourself!
Interest that is credited at the end of a certain period increases the deposit from the beginning of the following period and thus earns interest in the future. In securities investments, the principle of compound interest is even more effective. Your acquired assets generate profits, are reinvested and produce further profit in the following period. The lower the cost, the higher the profits. And the more time you give the compound interest effect, the greater its impact. With VIAC’s extremely cost-effective securities solution, you benefit particularly from the compound interest effect.
If you have money that you want to use for retirement and/or tax saving. The capital in your Pillar 3a is tied up and can only be withdrawn at an early stage in exceptional cases as regulated by law. It is therefore imperative that you are prepared to give up this capital until your retirement or the acquisition of owner-occupied residential property.
Yes, the tax certificate for your 3a deposit will be automatically sent to your e-mail address in January. You can also find it under “Documents” in the top right menu. For vested benefit assets, no tax certificate will be generated.
By using the VIAC App, you enter into a contractual relationship with the Terzo Pension Foundation resp. the Vested Benefit Foundation of Bank WIR. Behind VIAC AG are the three initiators of VIAC’s pension solution, who developed the offer together with Bank WIR. This company has no relevance for you as a customer since the operation of the entire solution is ensured by Bank WIR.
No. By using the VIAC App you only enter into a contractual relationship with the corresponding Pension Foundation of Bank WIR.
No. Even after the opening process has been completed, you have the freedom to decide at any time whether or not you want to make a deposit. You will not be activated in our system as a customer until the first receipt of money is credited to your VIAC account. The VIAC administration fee will only be charged on your invested capital. Therefore, you do not pay any fees as long as your money is not invested.
As part of the onboarding process, 6 simple questions will help you find out your investment type. Based on your type, one of our strategies (account, 20, 40, 60, 80, 100) is recommended. Of course, you can override our recommendation at any time.
It’s easy: Download the app or go to www.viac.ch and start the opening process by clicking “Register”, have your ID/passport ready and complete your pension relation 100% digitally in less than ten minutes.
Yes, you can also register with an international mobile number.
You call us at 0800 80 40 40. After successful identification, we will immediately save the new number in the system.
No. You can invest your money with our offer from as little as CHF 1 or put it into the interest-bearing retirement savings account.
Basically, any person over the age of 18 can establish a relationship with VIAC. However, in order to be able to make a deposit, AHV-liable income must be earned. Without income, only a transfer of existing Pillar 3a assets is possible. This can be particularly attractive for young mothers who interrupt or give up their career. In order to make a transfer of vested benefits, corresponding vested benefits capital must of course be available. You may not make ongoing payments to the vested benefits account.
We use this data to check your details. With the ID, all you have to do is upload the front page.
No. Deposits and withdrawals are free of charge.
No. A deposit is only possible in CHF. Our system has nothing to do with the complementary currency WIR.
No, unfortunately this is not possible. Therefore, we recommend a regular monthly deposit that fits into the longer-term budget.
Yes, you can transfer your money to another pension fund at any time, subject to notice. It is not possible to transfer this amount to private assets to cover the daily needs of life before reaching the normal retirement age. However, the law provides certain exceptions in which the money can be withdrawn earlier. Early withdrawals are possible, among other things, for purchases of owner-occupied residential property, value-added investments or repayment of the mortgage on owner-occupied residential property. Those who set up their own business or emigrate from Switzerland can also withdraw the money. Under certain conditions, disability may also entitle the holder to claim the 3rd pillar early.
No. Each VIAC portfolio is considered an independent 3a relationship. Since so-called splitting (partial withdrawals / partial transfers) is not permitted by law in pillar 3a, no assets can be transferred within the VIAC portfolios. Exceptions are partial withdrawals for the purpose of home ownership and partial transfers in the event of divorce.
We recommend monthly standing orders since we always invest your money automatically in your strategy without additional costs and you profit from the average cost effect when investing in securities (more information can be found in the VIAC Academy).
No, 3rd pillar deposits are voluntary. Unlike insurance solutions, you can deposit as often and as much as you like without any financial disadvantages – even if your deposits are interrupted, there are no costs involved.
Yes, in your VIAC app you can see at any time what amount you have already deposited in the current year and how much capacity is still available up to the regulated, annual maximum amount. Important: Payments into other pension foundations are not taken into account in the display.
You can find your personal transfer order directly in your VIAC account (by clicking on Products / Pillar 3a / “Deposit / Transfer”). You can then print out the prefabricated transfer order, sign it and send it to your previous pension foundation.
After you have downloaded our app and completed the opening process, you will enter your personal VIAC cockpit. There you click on the function element “Deposit / Transfer”, then select “Deposit” and you will see your personal QR payment slip. Now you can transfer money from any Swiss bank to your 3a relationship. You can make a one-off deposit or create a standing order. We recommend monthly standing orders, because we always invest your money in your strategy without additional costs.
If you are employed and are affiliated with a pension fund, you are currently allowed to pay a maximum of CHF 7’056 per year. In the case of part-time employment without a pension fund or as a self-employed person without a pension fund, you may pay up to 20% of your income, but not more than CHF 35’280.
In this case, the same applies to you as for employees, you are currently allowed to deposit a maximum of CHF 7’056.
If you are registered as unemployed with the RAV, you are currently also allowed to deposit a maximum of CHF 7’056.
Yes, we allow you to manage up to 5 portfolios. You can add a second portfolio within seconds directly in the app. This allows you to make a staggered withdrawal as you get older. By withdrawing smaller amounts over several years, taxes can be saved (tax progression).
If a deposit is received that exceeds your annual maximum deposit amount, the difference to the annual maximum will be returned immediately. Thus, it is not possible to deposit more than the annual maximum with us.
Basically, you can pay in until you reach the AHV age. Currently this is 65 for men and 64 for women. Persons who continue to work after reaching the AHV age may continue to make deposits until they cease employment – but not longer than 5 years after reaching the normal AHV age.
Once credited, your paid-in capital will be invested with the next weekly Trading . The Trading takes place on a weekly basis on Tuesday. Until then, your money is already in your 3a account.
Yes, you can also create your own strategy at index level. To do this, choose the investment focus “individual strategy”.
Yes, in the opening process, you can easily determine your investment type using the VIAC App. On the basis of this, a suitable investment strategy is proposed to you. You have the option of overriding this investment proposal and can choose from all strategies offered – from the account solution to the 100% equity strategy.
Yes, it is our goal to offer an optimal solution for every investment type. Our account is interest-bearing and free of charge. The interest rate is currently 0.30% for 3a and 0.05% for vested benefit assets.
VIAC is a pure self-management platform, so you as a customer must adjust your strategy yourself in the VIAC App or VIAC Web version. To do so, simply click on the tile “Investment strategy” and select “Adjust strategy”. The strategy adjustment is always implemented with the next weekly trading (every Tuesday).
You can adjust your investment strategy at any time in the VIAC App. The effective implementation takes place on the next weekly trading day on the following Tuesday. There are no additional costs in the sense of primary trading costs (brokerage fees). However, each exchange transaction also incurs external ancillary trading costs. These may be spreads (difference between buying and selling price) for index funds/ETF and currencies, or taxes (e.g. stamp duties). We try to keep these external ancillary trading costs as low as possible through intelligent internal netting (see Academy).
Passive funds are particularly useful for long-term investments, as only a few active funds achieve a higher return than their benchmark over the longer term. This is further reinforced by the fact that passive funds cost considerably less than active funds. With the typically long investment horizon in tied pillar 3a, the resulting compound interest effect has a particularly strong impact on the investment performance. You can find out how much this will affect your personal pension plan by using our fee calculator (https://viac.ch/en/products/pillar-3a/fees/).
No. We offer a passive investment with active risk management at very low fees.
The following three reasons trigger a rebalancing:
Passive investment funds (index funds and ETFs) usually depict an index (e.g. SMI for Swiss equities) and try to map its performance as accurately as possible. Since they merely depict the index and do not try to actively beat it, they are also called passive investment products. These are particularly suitable for investors who want to invest in a broadly diversified market with a single transaction at low cost and in the long term.
No. With an investment you are always exposed to the market movements of the stock exchange. If you do not want any fluctuations, you can also open an interest-bearing 3a account with us.
If you don’t want to have any fluctuations in the meantime, you can change your strategy at any time and without additional costs and invest again at a later date. However, we generally recommend a “buy and hold” strategy. Our system will then perform the regular monitoring for you.
In selecting our funds, we have made sure that physically replicating funds are used. Physical replication means that the underlying shares of the index are effectively bought by the index fund or ETF provider. Investment in synthetically replicating products is avoided if possible, as they are exposed to counterparty risk.
Yes, on the VIAC strategy pages for pillar 3a and vested benefits you will find the corresponding factsheet for each investment strategy with historical performance and other information.
No. We are convinced that good diversification, which we offer through our broad-based strategies, is the best way to invest in the long term. An important driver for the performance are the costs, which we want to keep as low as possible for our customers. We can only achieve this through a certain degree of standardization.
No, the fund offering is determined by VIAC and optimized in the best possible way according to costs, taxes, tradability and performance. We monitor market developments on an ongoing basis and try to select the best index funds for our clients at all times.
Yes, each of our strategies also invests abroad. The discussion about foreign currency risks is often very superficial and non-transparent. For example, Nestlé, a Swiss share, generates only about 1% of its sales in Swiss francs. In the risk assessment, however, this share is allocated 100% to the Swiss franc. On the other hand, Apple also generates sales in CHF, but is allocated entirely to the USD.
From our point of view, it is important to create the awareness that foreign currencies are indispensable for an investment. These offer both opportunities and risks. It is also not enough to “hedge” the foreign currencies. What is often ignored is that you pay the interest rate difference between the two currencies for a hedge. Historically, in case of Swiss investors the costs of hedging have exceeded the benefits.
Yes, you can also receive dividends from index funds and ETFs. Some of the index funds and ETFs distribute dividends. In these cases the received money will be credited to your account and reinvested in the next rebalancing if there is a sufficient deviation from your target strategy. However, most index funds are reinvesting funds, which means that the dividends are reinvested in the fund directly after they have been distributed.
Your pension assets are invested globally and diversified. In the standard strategies you participate in the development of more than 2’800 companies worldwide. This clearly minimizes the individual security risk. In addition to the Swiss franc, you are also invested in other currencies, with the US dollar accounting for the largest share of foreign currencies.
For the stock selection in the sustainable fund components, each company is analyzed and rated in the areas of environment, social and governance (ESG). Based on these ESG ratings, only the best companies are considered per sector until a certain threshold of market capitalization is reached. In addition, companies with significant involvement in controversial activities are per se excluded.
More details and specific information on the exclusion criteria can be found in the Academy.
VIAC’s investment strategies cover six different risk types. In addition to the interest-bearing account (no fluctuations), we offer various strategies with a small equity component (strategy 20), which are exposed to smaller fluctuations, up to pure equity strategies (strategy 100), which are exposed to larger fluctuations. The risk profiling helps you to find the right strategy for you. Of course, you can adjust the strategy at any time.
All VIAC strategies are implemented with index funds and ETFs. The main distinguishing feature is trade. In the case of index funds, subscriptions or redemptions take place once a day (primary market and thus exempt from stamp duty), while ETFs (exchange traded funds) are traded directly on the stock exchange (secondary market) and therefore stamp duty is payable. Both index funds and ETFs usually follow an index (e.g. SMI for Swiss equities) and try to replicate its performance as accurately as possible. Since they merely follow the index and do not try to actively beat it, they are also called passive investment products. These passive investment funds are particularly suitable for investors who wish to invest in a broadly diversified market with a single transaction at low cost and in the long term.
Index funds and ETFs are characterized by the following features, among others:
In the case of index funds, we also invest in tax-exempt tranches in the USA as well as Japan and no stamp duty is incurred on trading. For this reason, index funds are primarily or exclusively used in our standard strategies.
The Pension Foundations apply the following selection criteria for the selection of index funds and ETFs:
Your money is invested globally and diversified. By using index funds and ETFs, you can participate in the development of more than 2’800 companies worldwide (standard strategies). The most important asset classes are equities, real estate and gold, whereby the equity component is tailored to your risk profile. In the current low interest rate environment, bonds are not used for cost and risk reasons (since after fees a negative return would result) – instead of which the positive interest-bearing account is used.
Traditional investment funds are often “actively” implemented and try to beat the underlying index (e.g. SMI). However, the active management of assets causes additional expenditure, which is reflected in higher costs. Our strategies, on the other hand, are passively implemented with index funds and ETFs. These reflect the underlying index directly and are correspondingly inexpensive. Our strategies also resemble a modular concept, as several index investments are used for each strategy (per asset class and region). Accordingly, our strategies are only available from VIAC and are not publicly available.
By answering 6 simple questions you will find the right strategy for you. Your willingness to take risks has a major influence. If you don’t like big fluctuations, you will only be offered low-risk strategies. In addition to risk appetite, risk capacity also plays a major role. This is essentially determined by the investment horizon, which is typically very long in the third pillar. For example, a 30-year-old investor can easily sit out a stock market crisis. This is the case since his investment horizon (period of time in which the money is invested) is around 35 years (that is, until retirement).
With the VIAC Account Plus, 95% of pension assets are held in the account at a preferential interest rate of 0.30%/0.05% (3a/vested benefit) per annum. The remaining 5% are invested globally and broadly diversified in equities. There are no custody fees, brokerage fees, administration fees or product costs. With the investment focus Global or Switzerland, product costs are also included. External product costs <0.01% are only incurred for Sustainable implementation.
The corresponding Pension Foundation of Bank WIR is responsible for ensuring that index investments (index funds and ETFs) are selected and used for the benefit of the client. No active asset management is carried out within the strategies.
The client can choose between “Global”, “Switzerland” and “Global Sustainable”. We recommend focusing on “global” in order to keep investment costs as low as possible and spread investment risks as widely as possible. Strategies with investment focus “Switzerland” invest at least 75% in Swiss francs across all asset classes. The “Global Sustainable” focus omits investments in gold as well as companies with significant involvement in controversial activities. Stock selection in the funds is based on accepted sustainability criteria.
Deposits, transfers and strategy changes will be invested or implemented weekly on Tuesdays. If it is a public holiday, the Trading will take place on the next possible trading day. Between Christmas and New Year, there will be no Trading due to limited tradability.
Your portfolio will be reviewed monthly on the first trading day of the month. If necessary, your assets will be returned to the target ratio (more details: Academy).
VIAC focuses on passive implementation by means of index investments (index funds and ETFs) combined with active risk management. In daily operation, our intelligent system monitors each portfolio individually on the basis of the selected strategy. Based on this active monitoring, it automatically triggers buy and sell orders on the first trading day of the month, so that the portfolio corresponds to the selected strategy.
Each customer determines his or her personal strategy in the onboarding process. This defines how the assets are distributed across various asset classes and regions (e.g. 10% equities in Switzerland). As a result of movements in the financial markets, the effective distribution of assets may differ from the defined strategy (in case of well performing equity markets, for example, the Swiss equities share may increase to 12%). The automatic rebalancing checks this deviation once a month on the first trading day of the month and, if necessary, returns the client’s assets to the defined strategy. Deposits, transfers and strategy changes will be invested or implemented weekly.
Rebalancing ensures that asset allocation does not deviate too much from the defined strategy. The portfolio thus always meets the client’s target strategy.
The aim of an investment in securities is always to preserve or increase the assets invested. On the other hand, an investment in the financial markets is always associated with various risks. In this way, the value of the assets can fall or rise. As a rule of thumb, the higher the expected return (the more stocks), the higher the associated risks (the greater the fluctuations). In the implementation process, we strive to minimize the risks for each client, for example, implementation by means of index funds and ETFs is much more broadly based than implementation by means of individual securities.
The most important risks include the following: Price risk, exchange rate risk, counterparty risk, securities lending, interest rate risk and various general economic risks such as inflation, economic activity, geopolitical risks etc.
No. For us, it has always been a central concern to ensure maximum security for pension assets. Thus, there is no connection between the VIAC App and WIR Bank or Credit Suisse / ZKB. It is therefore impossible to access the assets of the Pension Foundations via the app. In principle, our solution is safer than any e-banking solution.
As safe as any other bank or pension foundation. You pay every franc directly into the Terzo Pension Foundation or Vested Benefit Foundation of the WIR Bank. The Pension Foundations are independent and responsible for the secure, needs-oriented management of the pension assets of its clients. They have already been entrusted with more than CHF 3.5 billion in client assets.
If the Bank WIR finds itself in financial difficulties, it is the task of the Pension Foundations to take the necessary measures to protect the pension assets of its clients (e.g. this may result in a change of custodian bank). With the bankruptcy privilege, your account assets up to CHF 100’000 will be given preferential treatment in the event of bankruptcy of the account-holding bank. Securities are held at Credit Suisse or ZKB. Privileged assets end up in bankruptcy class 2. In addition, the custodian bank must hold domestic receivables or other assets located in Switzerland (usually mortgages) to the extent of 125% of its privileged assets. Securities (including our index funds) are regarded as special assets and do not fall into bankruptcy assets in the event of the custodian bank’s insolvency. More information can be found at: Esisuisse
The VIAC app runs in the same high-security zone as the e-Banking from various Swiss banks. Access to the VIAC App is protected by your personal password. Already during the registration process we support you in creating a secure password. As soon as you want to make substantial changes, we will send you a code via SMS for maximum security, which you have to enter for confirmation.
The VIAC app runs in the same high-security zone as the e-Banking from various Swiss banks.
No, the cash assets of all Pillar 3a and vested benefit foundations are only privileged in the event of the custodian bank’s bankruptcy. The privilege means that the assets are to be allocated to the second bankruptcy class. Your money, which is not invested in securities, is managed by WIR Bank, a purely Swiss and cooperative institution. With the bankruptcy privilege, cash assets of up to CHF 100’000 per client are given preferential treatment in the event of bankruptcy of the account-holding bank. Securities are held at Credit Suisse or ZKB. Privileged assets end up in bankruptcy class 2. In addition, the custodian bank must hold domestic receivables or other assets located in Switzerland (usually mortgages) to the extent of 125% of its privileged assets. Securities are regarded as special assets, are protected in the event of the custodian bank’s insolvency and are not included in the bank’s bankruptcy assets. More information can be found at: Esisuisse
There is no immediate danger, as the thief cannot log in without a password and cannot change anything accordingly. An e-mail for a password reset is also sent only after successful identification. Money withdrawals via app are not possible. We recommend that you contact your mobile phone provider to block your mobile number and avoid any costs.
Your money is at the Terzo Pension Foundation of the WIR Bank or at the Vested Benefits Foundation of WIR Bank. The cash portion is held in the Pension Foundation’s interest-bearing collective account. Credit Suisse or ZKB act as custodian banks for securities within the Terzo Pension Foundation. Your money will be kept safe in Switzerland. Incidentally, the cash portion of your pension assets enjoys a bankruptcy privilege (max. CHF 100’000 per client) in the event of bankruptcy of the bank. Privileged assets end up in bankruptcy class 2. In addition, the custodian bank must hold domestic receivables or other assets located in Switzerland (usually mortgages) to the extent of 125% of its privileged assets. More information can be found at: www.esisuisse.ch
No. The custodian bank’s custody fees are already included in the VIAC administration fee of 0.52% p.a. (at most 0.40% p.a. due to the fee cap).
No. Only in case of an early withdrawal in the context of home ownership promotion, a fee of CHF 300 will be charged unless the financing is provided by WIR Bank. All other closings or early withdrawals are free of charge.
No, you don’t pay an administration fee on the cash part. The administration fee of 0.52% (at most 0.40% p.a. due to the fee cap) is only charged on the invested portion of your pension assets.
No, none of the companies receive any kind of refunds, commissions or retrocessions.
Yes, usually there is a fee. Our goal though is to keep any foreign currency exchange as little as possible through VIAC’s intelligent calculation system. Thus, in the best case, the fee is at 0% when the purchases and sales of foreign currencies during rebalancing cancel each other out across all customers.
Should the purchase and sale volumes not be identical, the foreign currency fee is only charged on the difference that is actually traded – more information on the settlement system can be found here: Academy. The resulting costs are then distributed proportionately among all customer orders.
Experience shows that, depending on the strategy, one-off costs of a maximum of 0.20% (e.g. Global 100) could occur. Here an example: 60% foreign currency share x 0.3%, whereby the 0.3% corresponds to the effective optimized foreign currency fees for the months June, July and August 2020. Without internal settlement or optimization which VIAC carries out in the interest of its customers, the premium charged by the Bank would be 0.75%. Therefore we pass on 100% of all cost advantages directly to our customers.
Historically and over the long term, the annual average cost of all strategies is less than 0.05%. With other providers, these fees are usually hidden and not disclosed to the customer. They are for instance not included in the TER of a fund. Hence the name “Total Expense Ratio” is misleading as foreign currency hedges, which cause recurring / running costs are also not included in the TER. However, especially in long-term pension plans, such recurring costs are much more important than a one-off fee for the foreign currency exchange.
The VIAC management fee is calculated monthly on the basis of the average invested assets. No fee will be deducted from the amount in cash. The fee will be debited from your retirement savings account at the beginning of the following month. This does not require the sale of shares in index funds or ETFs, since part of the pension assets is always held in the interest-bearing cash account.
The VIAC administration fee is 0.52% per annum (at most 0.40% p.a. due to the fee cap) on the invested pension assets. There is no administration fee on the cash portion. The administration fee covers the trading costs and the fees paid by the custodian bank for cash account and custody account management. This fee also includes all foundation administration fees, technology deployment and support. There are no transaction costs, retrocessions or other commissions.
Click on the function element “Documents” in the top right menu. Under “Transaction documents” you will find all charges. You can also find them by clicking on the transactions overview of the respective portfolio/segment.
In case of the index funds and ETFs used, costs of 0.01% on average per year (standard strategies) are incurred within the funds. These product costs are included directly in the index fund or ETF prices. Including the administration fee of 0.52% (at most 0.40% p.a. due to the fee cap), the total costs for a fully invested strategy are less than 0.44%. As a result, our product is up to 3 times cheaper than comparable competitor products.
Yes, this is possible at any time subject to notice. However, we do not transfer any securities; the transfer is always carried out as a bank transfer in CHF.
No, this is not possible. One of the reasons for this is that the Terzo Foundation can invest in special and extremely favourable index fund tranches. These cannot be invested by private individuals. As a result, you benefit from much lower fees during the savings period. If you want to invest in index investments after your retirement, it is advisable to compare the costs of the providers here.
When you reach the ordinary AHV age, the money must definitely be withdrawn unless you continue to work. In this case, the money must be withdrawn no later than 5 years after reaching the AHV age.
Under “Settings” in the top right menu you can trigger the closing of a portfolio. Security investments will be sold on the next possible Trading Day. After concluding the process you will receive a closing order by e-mail. Once we receive your signed closing order, your assets will be transferred. According to the notice periods, this can take up to 36 days – but in general, the transfer takes place immediately after the sale and booking of the securities.
Please send the closing order to the following address: Terzo Pension Foundation, Team VIAC, Auberg 1, 4002 Basel or by eMail to support@viac.ch.
Should you wish to transfer your VIAC portfolio to another pension foundation, please select “Transfer to other pension institution” as closing reason in the app and then send us a signed transfer order from the beneficiary pension foundation. Please note the portfolio number (format 3.172.123.456.01) on this transfer order – we do not have an IBAN or account number.
The notice period is in principle 31 days, but in general the funds are transferred immediately after the sale of the securities. The sale of the securities takes place on the next trading day, taking into account a processing period of 5 working days. If your assets are already in cash, the payment can be executed even faster.
Normally, the money cannot be drawn until at least 5 years before reaching the normal AHV age.
Early withdrawals are possible, among other things, for purchases of owner-occupied residential property, for investments that serve the purpose of housing or for the repayment of the mortgage on owner-occupied residential property. Those who set up their own business or emigrate from Switzerland can also withdraw the money. Under certain conditions, disability may also entitle the holder to claim the 3rd pillar early.