Saving with securities

What is saving with securities? The definition can be found here.

As a rule, pension foundations in Pillar 3a (private pension) offer not only the familiar pension account but also the option of investing your contributions and the capital already accrued in securities; this is known as saving with securities – 3rd pillar. The retirement assets are invested in one of several investment products. Securities typically offer a higher return potential, but are also subject to price fluctuations. This makes saving with securities suitable mainly for those with a medium- to long-term investment horizon.

Other terms on the topic of the retirement provision can be found in the glossary.