Vested benefits foundation

Direct link: finpension Vested Benefits Foundation

If an insured person leaves a pension fund before retiring, the accumulated pension capital is paid out. This payment is called a termination benefit or vested benefit, the situation known as vested benefits.

In the case of vested benefits, the insured person is free to decide how and where to invest the pension fund money paid out. They can deposit it in a vested benefits account or invest it in securities. The only thing they must not lose is the intended purpose of the pension fund. This is ensured by vested benefits foundations.

Vested benefits foundations are regulated in accordance with Art. 331 of the Swiss Code of Obligations and Art. 80 of the Swiss Civil Code and are subject to cantonal foundation supervision. Many foundations were established by banks. However, there are also vested benefits foundations that are independent of banks and specialise in the investment of vested benefits assets.

finpension’s vested benefits foundation was established at the end of 2017 and enables a diversified, cost-efficient and withholding tax-optimised investment of vested benefits assets in securities.