Many companies can't afford to manage their own pension fund, which is why AXA offers a range of semi-autonomous pension solutions to meet the needs of startups, SMEs, and large corporations, including services that cover occupational benefits administration, employee health, and attractive fringe benefits. This allows you to focus on your core business.
The amount of future retirement benefits depends mainly on the interest earned on the retirement capital. It thus makes a big difference whether it earns interest at the statutory minimum rate of 1%, which normally applies with full-value insurance, or 2%, which is possible over the long term with a semi-autonomous solution. Doubling the rate of interest can increase a person's pension by up to 20% over the course of their working life up to retirement thanks to compound interest. This could mean several hundred francs more a month for some people. On top of this, semi-autonomous solutions allow conversion rates to be held stable over a longer period.
As Switzerland's biggest insurer of SMEs, AXA is entirely focused on semi-autonomous solutions. These allow companies and their staff to enjoy better conditions while at the same time improving generational fairness within the second pillar.
Some 98% of Swiss companies, especially SMEs, have opted for a collective foundation solution. Our blog explains what collective foundations are all about and sheds light on their pros and cons.
Learn more about the pros and cons of each and how to choose between them.
We spoke with Daniel Gussmann, Chief Investment Officer of AXA Switzerland, about modern pension fund solutions, sustainable investments, and the challenges posed by the capital market.