Swisscanto Flex Collective Foundation pays interest of 2.25% on savings

Communication from the board of trustees of the Swisscanto Flex Collective Foundation.

The Swisscanto Flex Collective Foundation is paying interest of 2.25% on savings capital in the "Flex collective" community pension scheme for the year 2020. Under the "Flex individual" solutions, the pension schemes decide on the interest rate themselves. The investment result is outstanding in all investment pools deployed, with the following specific returns being achieved: Flex 20 4.18%, Flex 30 4.66%, Flex 40 4.90%. With a technical interest rate of 1.75% and fully accrued value fluctuation reserves, the Foundation has an extremely solid financial base.

The Swisscanto Flex Collective Foundation offers individual pension solutions for 350 companies with 12,500 beneficiaries and manages assets of CHF 2.4 billion. Three separate areas are managed under the umbrella of the Swisscanto Flex Collective Foundation. The "Pensioners" fund manages the actuarial reserves of pensioners in a separate pension scheme. The active insured persons are distributed between the "Flex collective" community pension scheme with one funding ratio for all affiliated companies and the "Flex individual" solution for affiliated companies with traditional collective foundation affiliations and individual funding ratios. When it comes to investing their assets, the pension funds can choose between three strategies with varying equity components.

Key figures for the Swisscanto Flex Collective Foundation (Flex collective)

Balance sheet total                                    CHF 2.382 million

Number of affiliations                                                      350

Number of insured persons                                         10,076

Number of pensioners                                                    2,456

Technical interest rate                                                    1.75%

Funding ratio (estimation as at 31.12.2020)             111.60%

Average interest rate over the last five years              2.05%


Performance in 2020

All Swisscanto Flex pool returns are significantly above the average returns previously published by UBS and the Swisscanto Pension Fund Monitor.

Flex 20 investment pool                                                4.18%

Flex 30 investment pool                                                4.66%

Flex 40 investment pool                                                4.90%