I already use True Wealth's Pillar 3a and have paid in the maximum annual contribution. Now I would like to transfer an additional amount from another provider to True Wealth. How does this affect the staggering of the accounts?
Transfers from other 3a providers are not split, but transferred in full to a new 3a account with us. The funds will not be paid into existing third pillar accounts.
If you have been a customer with us for some time and have paid into Pillar 3a for five years, you will have five 3a accounts in the background. A transfer from another 3a provider to us will open a sixth account, another transfer will open a seventh, and so on.
If you are a new customer and are paying in money for the first time, you only have one 3a account. A transfer from another 3a account would lead to the opening of a second 3a account in the background. A third, fourth and fifth pension account is then built up over the years through ongoing payments.
This automatic staggering of accounts is free of charge and leads to an optimal distribution of your Pillar 3a assets.
From the customer's point of view, you do not need to worry about these technical processes in the background. You have a clearly structured overall portfolio that is invested according to your individual investment strategy.