PricingBlog & News

True Wealth raises interest rate on the cash portion of Pillar 3a again

Press Release

Zürich, 21.12.2023

The Swiss National Bank (SNB) announced last week that it is not currently making any changes to the key interest rate. However, True Wealth is allowing its customers to continue to participate in the positive interest rate environment and is increasing the interest rate on the 3a retirement savings account from 1.4% to 1.5%. True Wealth thus continues to set itself apart with a high interest rate in the Pillar 3a. In addition, True Wealth does not charge any management fee on the 3a securities custody accounts.

True Wealth clients will automatically benefit from the higher interest rate with retroactive effect from December 18, 2023. They do not have to do anything.

True Wealth is constantly monitoring the market environment and the SNB's interest rate decisions. True Wealth will provide prompt information in the event of further adjustments.

Read more about True Wealth's Pillar 3a offering here.

About True Wealth

True Wealth was founded in 2013 by Oliver Herren, co-founder of Digitec Galaxus AG, and Felix Niederer, physicist and portfolio manager. The online platform has consistently automated all processes of modern wealth management and offers clients domiciled in Switzerland a cost-effective wealth management solution from an investment amount of 8'500 Swiss francs or 1'000 Swiss francs for child portfolios and investments in Pillar 3a.
The company manages client assets in excess of one billion Swiss francs. The annual all-in asset management fee is 0.25-0.50%, depending on the investment amount. For Pillar 3a, the management fee is 0%.

Press and interview requests

Contact True Wealth for press and interview inquiries here.
Press photos, logos and other documents are available for download here.


Ready to invest?

Open account

Not sure how to start? Open a test account and upgrade to a full account later.

Open test account