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Whether you are taking a break from work, relocating abroad or nearing retirement – you deserve an efficient and resilient investment strategy for your Vested Benefits fund.
Whether you are taking a break from work, relocating abroad or nearing retirement – you deserve an efficient and resilient investment strategy for your Vested Benefits fund.
A Vested Benefits account is an account into which you transfer your Pillar 2 (Occupational / Workplace) Pension either due to you taking a break from work, moving abroad, becoming self-employed, divorcing, or retiring.
Anyone in Switzerland who leaves a Pillar 2 Pension Scheme (i.e. if you leave your employment) without joining a new one (i.e. acquiring new employment) is obliged to transfer their Pillar 2 Pension assets to a Vested Benefits Institution in order to retain their pension entitlements.
For those who are retiring or retired, you will be able to consider either buying an annuity, receiving a lump-sum payment, or transferring to a Vested Benefits Account.
The preservation of Occupational Pension entitlements is a statutory requirement. Hence, you are obliged by law to transfer to a Vested Benefits Institution. Failing to do so within 6-months of leaving employment will trigger the automatic transfer of any Pillar 2 assets you hold into the Substitute Occupational Benefit Institution (SOBI), paying 0.40% interest (2024).
It is advisable to contact Patterson Mills before this automatic transfer occurs.
SOBI work on behalf of the Swiss Confederation and ensure that everyone is covered by Occupational Pension or Vested Benefits provisions. Hence, they must accept anyone who applies (provided they meet the statutory requirements).
In the French-speaking areas of Switzerland, SOBI is known as the Fondation Institution Supplétive LPP. In the German-speaking areas, Siftung Auffangeinrichtung BVG, and in the Italian-speaking areas, Fondazione Istituto Collettore LPP.
Your Vested Benefits serve as a core part of retirement planning in Switzerland. Our comprehensive solution enables you to seamlessly transfer your Vested Benefits fund to a suitable Vested Benefits Institution, following our analysis, ensuring that your Vested Benefits investments align with your unique goals, risk appetite, and evolving financial objectives.
By utilising our services, your Vested Benefits investment portfolio undergoes diligent review, monitoring, and updating processes, guaranteeing its alignment with your changing needs and market conditions on an ongoing basis.
Leaving your Vested Benefits fund either accruing minimal interest, in low-yield investments or within an ill-suited portfolio over which you have limited control is a missed opportunity. With our tailored approach, you reclaim control over your financial future, and play an active role in shaping and optimising your retirement plan, with your Patterson Mills Adviser guiding you along the way.
By entrusting Patterson Mills with the management of your Vested Benefits, you unlock the potential to enjoy the retirement lifestyle you rightfully deserve, free from unnecessary financial stress and uncertainty.
Take the vital step towards ensuring that your Vested Benefits work diligently for you by simply filling out the form on the right. Let our expertise and personalised approach guide you towards maximising the potential of your retirement savings, setting the stage for a financially secure and fulfilling life after work.
Your Vested Benefits serve as a core part of retirement planning in Switzerland. Our comprehensive solution enables you to seamlessly transfer your Vested Benefits fund to a suitable Vested Benefits Institution, following our analysis, ensuring that your Vested Benefits investments align with your unique goals, risk appetite, and evolving financial objectives.
By utilising our services, your Vested Benefits investment portfolio undergoes diligent review, monitoring, and updating processes, guaranteeing its alignment with your changing needs and market conditions on an ongoing basis.
Leaving your Vested Benefits fund either accruing minimal interest, in low-yield investments or within an ill-suited portfolio over which you have limited control is a missed opportunity. With our tailored approach, you reclaim control over your financial future, and play an active role in shaping and optimising your retirement plan, with your Patterson Mills Adviser guiding you along the way.
By entrusting Patterson Mills with the management of your Vested Benefits, you unlock the potential to enjoy the retirement lifestyle you rightfully deserve, free from unnecessary financial stress and uncertainty.
Take the vital step towards ensuring that your Vested Benefits work diligently for you by simply filling out the form below. Let our expertise and personalised approach guide you towards maximising the potential of your retirement savings, setting the stage for a financially secure and fulfilling life after work.
Experience over 37 years tells us that everyone really is different. The complexities of pensions and retirement planning can seem intimidating, even more so with cross border issues for international expatriates. With the myriad of differing tax rules, investment regulations, and more, it can be extremely challenging to know whether or not your money is working as efficiently as possible for you.
This is where we come in.
With our specialist advice service at Patterson Mills, which is tailored to ensuring you have the best possible chance of financial independence in retirement, we are well versed in the differing types of solutions available to you.
There is no one-size-fits-all solution. However, being completely independent, we have ensured that our access to the entire market enables us to offer our Clients a service that is just as distinctive as them.
To find out what you may be missing, get in touch. You have nothing to lose and potentially much to gain.
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Patterson-Mills Sàrl is powered by Lawsons Network and operates as an Appointed Representative. We benefit from their regulatory infrastructure and cutting-edge software, enabling us to safeguard and enhance your wealth. Lawsons Network AG, Company No. CHE-394.490.386, Rue Neuve-du-Molard 19, 1204 Genève, Switzerland. Lawsons Network AG is registered as an Insurance Intermediary with the Swiss Financial Market Supervisory Authority (FINMA – F01379525), a member of the Client Advisors register at Association Romande des Intermédiaires Financiers (ARIF – 32974) and affiliated to Organisme de Surveillance pour Intermédiares Financiers & Trustees (SO-FIT) as an SRO – Affiliate No. 1202.
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