What is Finpension Invest?
My Finpension Invest review: "Finpension Invest" is the latest innovation from Finpension, a leading provider of pension solutions in Switzerland. This offer enables you to invest in free assets (i.e. not in pension provision) with a very low Entry threshold of just one franc into a Broadly diversified portfolio to invest. Whether you want to invest in traditional markets with ETFs and index funds or exciting private markets (private equity), "Finpension Invest" offers a flexible and convenient solution.
The solution is not only in the Finpension Appbut, as stated by the Final pension provision used to working in a Web solution available for the computer.
Finpension is from the FINMA as a securities firm. This means that your money is held directly by Finpension and not by a third-party bank. Since January 2025, Finpension has also been a participant in Swiss Interbank Clearing (SIC) – this means that deposits are credited more quickly and you receive a separate IBAN for each portfolio.
Thanks to Finpension Invest's savings plan function, not only are deposits possible automatically, but even a Automated payout plan ensures positive Finpension Invest experiences.
What makes the Finpension investment solution special is its unique Tax optimisation with Finpension Invest ETFs – more details on this shortly.
In addition, there are tax-deductible custody fees and the option of already from CHF 1 in private markets to invest – both of which are unique in Switzerland.
Hi, Eric,
Thanks for the summary.
I did the KYC with Saxo in March. But although I had set up a savings plan, they never invested. Support enquiries were never answered either. That's why I'm now moving and looking for a (now) simpler alternative.
You write in the cost comparison above at True Wealth: 0.53-0.72%. TW itself advertises with 0.25% - 0.50% and possibly external production costs of 0.13%. How do you arrive at your above estimate?
Thanks and regards, Danny
Hello Danny,
that always depends on the products used. TW has also recently reduced the costs - the article update is already in progress and will soon be live!
The easiest way to compare Robo comparison.
Ciao Eric
WowWowWow, mega as always! Thank you very much!
I am with TW and basically very satisfied, but for the children's custody account I came across the joint custody account of finpension invest.
Do you know how it is with the tax return? I understand that both receive an e-tax statement for the joint custody account. Is the allocation there already 50/50% or do you have to make the positions and everything yourself? That would probably make an e-tax statement with 100% on it manual work again.
Thanks a lot!
Thank you very much, that makes me very happy!
In the joint portfolio of finpension Invest, both persons receive
each have their own e-tax statement in the document area. In the tax
declaration, each person then declares their individual share.
For married couples, the effort involved is minimal because you will be working together anyway.
are predisposed.
Hi Eric
Wow. Very helpful. I've only just discovered your site.
I am looking for a favourable children's portfolio without having to deal with individual stock selection. Finpension Invest would probably be a good solution, as investments in private markets are also possible. Very exciting.
True Wealth is too high for the kids with 8,500 starting capital. I see TW as very attractive for a 3a solution with 100% equity exposure. That's probably pretty unbeatable, or do you see any disadvantages here (apart from the fact that you can only define 1 strategy for all 3a accounts with True Wealth)?
What would you favour for building a larger ETF portfolio (up to 100k)? The idea would be to diversify broadly with low fees, automatic investment via a savings plan and automatic reinvestment.
Thank you for all your information. Very appealing and helpful.
Kind regards
René
Thank you for your great feedback, René!
If you are weighing up these providers, you are already in the «elite class». The fees differ only minimally and should of course continue to be compared ... but I would then focus primarily on your personal preferences.
For example, the minimum volume, how easy the tax return is made (keyword eTax statement) and, for example, whether you are already with one provider and would like to add another (both have advantages: less provider overhead vs. clear separation) ...
So there is no general recommendation, but hopefully this will help you to find the right one for you. you make the right choice 🙂
LG Eric
Hello Eric
Firstly, thank you for your blog and the helpful information!
I am planning a one-off investment of approximately CHF 150,000 in the near future. The idea is to invest in a World or ACWI ETF. Either Xtrackers MSCI World UCITS ETF 1C (IE00BJ0KDQ92) or SPDR MSCI All Country World UCITS ETF (IE00B44Z5B48), both of which would be available via Saxo Bank in CHF on the Six, both have a TER of 0.12%. The second option would be with Finpension Invest (we already have our 3a deposit there) in the Global 100% ETF fund, which would cost 0.49%. Based on this information, it is clear to me which option would be preferable. However, when I look at the past performance of these three products over the last five years, the picture looks very different. I am aware that future value developments cannot be predicted based on past performance. But if my information is correct, the Xtracker World in CHF made around 55%, the SPDR ACWI in CHF around 60% and the Finpension 65%. This means that Finpension would still be considerably more profitable despite higher recurring costs.
What do you think? Thank you for your feedback.
Kind regards, Marco
Hello Marco
Thank you very much for your positive feedback, I am very pleased 🙂
Regarding your question: You correctly mentioned that the future can never be deduced from the past. Even five years is almost too short a time frame for a forecast; I always try to look back at time series of 15–30 years, if available.
That's why I would take a different perspective; what does a digital asset manager do for you and why do you think you can beat its performance?.
For many providers, cost is the decisive factor. However, with a provider as inexpensive as Finpension, this argument hardly counts anymore.
Saxo vs. Finpension is very exciting in terms of costs, because both are extremely inexpensive – even if they offer completely different solutions. In this «duel», I would rather ask what you want to do yourself and what you don't. Digital asset managers not only aim to achieve maximum performance, but also try to keep volatility within limits, offer you tax-optimised investments and reduce the effort involved to an absolute minimum. If that suits you, you're definitely in good hands here.
We will then be able to evaluate which strategy delivered the best performance in 10 years' time 🙂
Hello Eric
Thank you for your feedback. I will take the viewpoint and perspective you mentioned into account in my considerations and decision.
Kind regards, Marco
Hi, Eric,
Thanks to the numerous optimisations, according to Finpension, up to 1 % additional return can be achieved annually - enough to fully compensate for the fees. For a core-satellite portfolio in particular, the question arises as to which solution is more suitable in the long term. Because with a traditional broker with, for example, 6 ETFs, manual rebalancing and no fractional shares, the effort involved can quickly increase - both in terms of time and operationally. How do you see it?
Best regards
Marc
Hello Marc,
Whether it really is 1% and what the net return looks like in the long term remains to be seen. I am very enthusiastic about the solution and am currently running a test. Accordingly, I will keep updating this post with my results and findings 🙂
Hello Eric
What does "Furthermore, Finpension Invest is not suitable if you are building up a large portfolio..." mean? . Respectively, from what amount do you consider a portfolio to be a large portfolio?
Kind regards
Sandro
Hello, Sandro,
That depends very much on what the alternative would be. A rough house number, which applies to many robo advisors in this price segment, is around CHF 70t. Depending on the strategy and frequency of investing, a favourable broker cheaper.
However, if you generally want to save yourself the effort, you can also rely on a low-cost robo advisor such as Finpension Invest in the long term with a clear conscience.
Thanks for the great contribution and the explanation! Registration worked great. Thanks for the code and the credit! Deposit credited directly the next day and fee credit noted transparently.
If you would still like to join this year and benefit from a €25 fee credit together!
Timo 🙂
Godo evening,
I would like to start using Finpension Invest (I already have 3a pillar with a quality fund) and I'd like to know your opinon on the fund Finpension equity 100. This idea is to invest for a child for at least 18 years, around 200 CHF every month.
Is this a solid fund? I mean is it similar to a world etf with decent expected growth of 7%p.a.? Or would you choose a particular etf?
If compared to neon bank invest in etf FTSE world is Finpension expensive?
Thank you for your time
Hi Nic,
Finpension Invest is a solid choice, especially as a securities custodian-they optimise fees, including currency exchanges, to keep costs low. The Equity 100 fund is diversified similarly to a world ETF and fits a long-term growth strategy like yours. While no returns are guaranteed, it targets around 7% annually, in line with market expectations for broad equity exposure.
Hi Eric, thank you for your answer.
What do you think is more expensive in the long term, let's say 20 years?
FTSE all world, Neon invest
or
Finpension global 100?
I understood that Finpension is doing a great job in optimazing taxes, but the management fees are 0.39, then you have to TER 0.08, in this way is 0.47% every year, while Neon is 0.
Hi Nic,
Finpension Invest is a robo-advisor offering tax-efficient investing with optimised fees and a well-diversified portfolio, ideal for long-term growth. The fee includes portfolio management and other services.
Neon Invest is a brokerage-only service, meaning you handle all investments yourself. While an investment through Neon can be trading-fee-free, there is more work for you to do.
So this comparison is truly apples and oranges 🙂
Hello Eric
Thank you for your assessment of Finpension! You write "...Finpension Invest is not suitable if you are building up a large portfolio"
When is a portfolio considered large?
Merci and keep it up!
Hello Galliker,
Thank you very much for your positive feedback and your question!
Finpension Invest is also suitable for large portfolios - I wrote in the article: ... if you want to keep the fees very low.
(just to be clear once again 🙂 )
If we were talking purely about fees and wanted to optimise them to the maximum: Let's say our ETF portfolio has an average TER of 0.25% per year. If a robo advisor charges 0.40% per year, in this very simplified example 0.15% per year would be free for portfolio management.
As a comparison: at Swissquote, custody account management costs CHF 80 per year, which would mean that the "break-even" point would be reached at a custody account volume of CHF 53,333. After that, a flat custody account fee would be more favourable than a percentage fee on the assets under management.
However, this calculation does not take many factors into account. Probably the most important: the "labour hours" required to set up and maintain the depot yourself.
Hopefully this simplified view will still give you an idea.
This is suitable for many beginners and can pay off: Gaining initial experience comfortably with a robo advisor such as Finpension Invest and if the custody account becomes very large and the fees need to be reduced, you can still switch to a broker (and invest on your own).
Hello Eric
Thanks for your good blogs!
Wouldn't it make sense to invest in short-dated CHF government bonds, so you wouldn't have to go interest rate hopping and also have a correlation advantage if these bonds are combined with equities?
However, I have so far realised that these bonds are rather expensive. Approx. 0.8% of the amount at both Swissquote and Saxobank.
Do you have a more elegant solution so that you don't have to go interest rate hopping? 😉
Kind regards Kili
Hello Kili,
Thank you for your question!
Two requests: Can you please give a little more context to the question? And can you please post it directly to the appropriate post? I don't think it belongs to the Finpension investment solution here, does it?
Thank you very much!