Help Center Pillar 3aHow can True Wealth offer an interest rate of 1.0%?

How can True Wealth offer an interest rate of 1.0%?

True Wealth currently offers an interest rate of 1.0% (as at 01.11.2024) on the cash component in Pillar 3a. This is high compared to other providers, especially other 3a apps. The reason for this is that many traditional providers hold large amounts of Pillar 3a assets on their balance sheets, which they used to refinance mortgages in the past when interest rates in Switzerland were still negative. In the meantime, the SNB has raised interest rates several times and then lowered them again somewhat.

In order to maintain the purchasing power of pension assets in the long term, investments in securities, including in Pillar 3a, are essential. We therefore recommend that our clients consider investments in securities, including in Pillar 3a, despite the attractive interest rates (in nominal terms).

Comparison of interest rates for Pillar 3a apps

More questions in "Pillar 3a"

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