Why is True Wealth able to offer a securities-based Pillar 3a free of charge, while other market participants charge for it?
Cost efficiency has always been a core promise of True Wealth. We achieve it through:
- consistent automation of processes
- innovative product design
- economies of scale
In existing client relationships, we do not incur any costs if we also manage a Pillar 3a. We are allowed to manage the funds ourselves because we have FINMA authorisation as an asset manager of pension assets – and therefore no one has to pay external licence fees.
For legal reasons, the pension assets are always held by a foundation. The 3a Digital Pension Foundation, which holds your pension assets in safekeeping, does not currently charge us any management fees.
We pass on all of these advantages in full to our clients.