Solutions for Corporates 1e Pension Provision Solutions

1e Pension Provision Solutions Credit Suisse Top Stories

As the Bank for Entrepreneurs, Credit Suisse (Switzerland) Ltd. has established Credit Suisse Collective Foundation 1e. This enables you – as entrepreneur – to set up attractive, contemporary extra-mandatory pension cover for your employees and yourself. All insured – currently for salary components above CHF 126,900* – are able to decide their own pension cover and choose from various investment strategies to suit their personal risk profile.

1e pension plans meet the growing requirement for more flexibility and individualization of pension provision. They give you, the insured, the freedom to independently choose your investment strategy in line with your risk ability and risk tolerance. To this end, we offer you the first integrated bank savings solution in Switzerland.

Enjoy the following opportunities:

Benefits for your company
  • Underfunding of the employee benefits fund is impossible, because the insured bear responsibility for risks and opportunities themselves based on their own preferences.
  • Accounting treatment as a defined contribution plan means the reserves required for covering asset losses in employee benefits insurance can be reduced (under IAS 19).
  • The pension solution can be optimally adapted to needs.
  • Systematic advice on all aspects of employee benefits insurance.
Benefits for you and your employees
  • Protection against redistribution, because the pension assets are managed separately. 
  • Investment returns can be enhanced through revised liquidity and risk restrictions. 
  • Investments can be adjusted monthly based on personal circumstances and plans. 
  • Systematic advice on all aspects of employee benefits insurance.

FAQ - Frequently Asked Questions

Admission discussion/ risk disclosure

  • It is envisaged that the Foundation will provide insured with information on the different investment strategies as well as the risks and costs associated with them when they are choosing an individual investment strategy. The risk disclosure will be delegated by the Foundation to the Credit Suisse client advisors. 
  • The risk category will be determined for each insured after taking into account the individual risk ability and risk tolerance. 
  • Within their risk category, the insured may either choose an investment strategy offered by the employee benefits fund or the low-risk investment strategy. 

Information/annual safekeeping account discussion 

  • At least once a year, all insured will receive a pension certificate showing the insured benefits, pensionable salary, contributions to the Foundation, and retirement assets. 
  • At least once a year, all insured will additionally receive an asset summary with information about changes to the retirement assets. In addition, it is envisaged that the insured will have access to an asset summary at all times via an online portal. 
  • Every year, the Foundation will also provide information in a suitable form about the annual financial statements, the organization and financing of the Foundation, and the composition of the Board of Trustees. 
  • Finally, it is envisaged that the insured can obtain information from management at any time about the amount of their termination benefit, the retirement assets available to them for the promotion of home ownership, and consequences resulting from an advance withdrawal or pledge. 
  • For insured who are simultaneously private clients of Credit Suisse, it is also envisaged that safekeeping account discussions will take place with the responsible client advisor at regular intervals. In addition, the chosen investment strategy is reviewed in the course of reviewing the client's overall situation. 

Discussion on leaving the pension fund

  • The risk disclosure takes place upon admission and includes all relevant aspects. Accordingly, no specific discussion is envisaged on leaving the pension fund.
  • The retirement assets of the insured are invested in accordance with a single investment strategy. It is not possible to split the retirement assets across various investment strategies.
  • The individual investment needs and risk appetite/tolerance of the insured are taken into account in the employee benefits fund's selection of ten different investment strategies. The employee benefits fund itself can choose ten investment strategies out of a list of 15, two of which (low-risk and default strategy) must be selected.
  • Pursuant to Art. 1(e)(4), pension funds may offer several asset managers.
  • It is envisaged for the Foundation to generally have the option of allowing external asset managers in accordance with the regulations on investments.

In the case of retirement or departure prior to the occurrence of an insured event, the retirement savings will be paid out either as a retirement benefit or as a vested benefit in the form of a lump sum. In these cases, the insured always has the option of continuing the investment strategy "indirectly" by investing in a comparable strategy with the relevant investment costs.

The regulations on investments currently stipulate that the insured's investment strategy can be switched at least once a month on the first day of the following month. The insured must notify the Foundation of the decision to switch strategy at least ten working days before the end of the month.

  • Upon retirement, an insured's retirement assets are paid out exclusively in the form of a lump sum.
  • Insured who are also private clients of Credit Suisse will, if necessary, be supported by specialists (relationship manager and financial planning specialists) with regard to asset structuring in the event of wealth attrition.

The pension plans only provide for disability pensions.

  • A medical examination is required if the insured has an annual salary subject to AHV contributions of more than CHF 300,000. In this case, the person to be insured must complete a health questionnaire.
  • In the case of annual salary subject to AHV contributions of more than CHF 475,000, a doctor must also perform a medical examination.

Individual advice

Contact us (pension.solutions@credit-suisse.com)
We're always here to provide advice and answer your questions – in person as well.