We provide services for company pension funds and collective foundations in Switzerland and Liechtenstein.
Avanea AG is your reliable partner for the professional management and administration of pension funds. With our wide range of services, we offer modular and tailor-made solutions that are perfectly tailored to the needs of our customers. Since our foundation, we have specialised in taking on complex administrative tasks, allowing our customers to save valuable time and resources.
Our services for company pension funds and collective foundations
At Avanea AG, we offer a wide range of specialised services aimed at maximising the efficiency and transparency of your pension fund:
– Management:
We offer professional management for your pension fund. Our experienced management team ensures that all strategic and operational decisions are made in the best interests of your pension fund and its beneficiaries.
– Insured persons and pensioners administration:
We take care of the complete administration of your insured persons and pensioners, from master data maintenance to pension payments. In doing so, we ensure that all processes are handled seamlessly.
– Accounting:
Our accounting experts take care of all accounting tasks that arise in your pension fund. This includes, among other things, correct financial reporting in accordance with SWISS GAAP FER 26 and the preparation of annual financial statements.
– Communication:
Transparent and clear communication is essential for the success of any pension fund. We support you in internal and external communication, create information materials, and handle contact with your insured persons and pensioners.
– Sales:
Avanea has concluded sales agreements with a large number of brokers and sub-brokers and makes this network available to pension funds and collective foundations that want to open up.
Our philosophy
At Avanea AG, the customer is our focus. Our goal is to support you with our occupational pension services so that you can concentrate on your core tasks. We place great value on quality, reliability, and partnership-based cooperation.
Why Avanea AG
– Experience and expertise:
Our team consists of experienced professionals with in-depth knowledge of pension fund management.
– Customer focus:
We understand the individual needs of our customers and offer flexible solutions that are tailored precisely to their requirements.
– Transparency and trust:
We rely on transparent processes and open communication to build a relationship of trust with our customers.
Our areas of expertise
Avanea AG – your partner for smooth integration Transferring a company pension fund to a collective foundation can be a complex process that requires in-depth expertise and careful planning. Avanea AG provides you with expert support throughout this process to ensure the seamless integration and ongoing security of your occupational pension plan.
Reasons for integration
Why a transfer can make sense:
– Cost efficiency:
Reduction of administrative costs through economies of scale in a collective foundation.
– Risk minimization:
Diversification of risks and greater security through a larger member base.
– Administrative simplification:
Simplification of administrative tasks and relief for the company's own resources.
– Regulatory compliance:
Ensuring compliance with all legal and regulatory requirements.
Collective foundations
Since its inception, Avanea AG has operated a collective foundation in Switzerland with the Avanea Pension Fund and a collective foundation in Liechtenstein with the BEVO Pension Fund.
The advantages of a collective foundation with the security of full insurance
Avanea Pension Fund is unique in many ways. Avanea Pension Fund is the only pension fund in Switzerland that bridges the gap between full insurance and collective foundations:
– Partial liquidation risk reserve:
Partial liquidation risk is one of the biggest risks for semi-autonomous pension funds. Avanea actively addresses this risk and has accumulated a reserve for this purpose, known as the partial liquidation reserve. If, in the event of partial liquidation as a result of company restructuring or contract termination, the foundation has a coverage ratio of more than 102%, the pension fund takes the vested benefits plus its share of technical provisions and value fluctuation reserves. If the coverage ratio is below 98%, the actuarial deficit is offset by a share of the Avanea partial liquidation risk reserve and the pension fund takes 100% of the coverage ratio.
– Freedom of choice and flexibility:
The pension plans and pension benefits are flexibly tailored to the needs of the company and can be adjusted at any time.
– Predictability:
In the interests of the insured, all risk benefits are transparently defined as a percentage of the insured salary. This means that people who have already withdrawn part of their pension capital (divorce, financing of residential property) or who started saving later are not disadvantaged in any way.
Advantages of a collective foundation in the separate account model
Greater security and flexibility
– Economies of scale:
Utilization of economies of scale, leading to cost savings and more efficient processes.
– Professional management:
Access to experienced asset managers and specialized service providers.
– Flexibility:
Adaptable solutions that respond to the specific needs of participating companies and their employees.
– Transparency and control:
Regular reports and complete transparency regarding the management and performance of the pension fund.
– Retention of investment strategy:
By integrating into our collective foundation as a separate account, you have the option of continuing your existing investment strategy and retaining your asset manager.
– Influence on technical parameters:
By integrating into our collective foundation as a separate account, you benefit from the reinsurance conditions of the Avanea pension fund, but can still have a say in the appropriation of profits from investment activities (interest, reserves, etc.) and the conversion rate.
Avanea AG –
Your partner for company pension funds
Avanea AG is your expert partner for the administration and management of company pension funds. With our many years of experience and expertise, we offer comprehensive services tailored to your individual needs. Trust in our expertise to ensure excellent retirement provision for your employees.
Our services at a glance
Administration and management
– Administration:
We take care of all the administrative tasks related to your pension fund, from management to insured person administration, contribution management, and benefit accounting.
– Foundation accounting:
We prepare your annual financial statements in accordance with Swiss GAAP FER 26. – Regulation: We support you in drawing up and adapting pension fund regulations in accordance with current legal requirements and operational requirements.
– Compliance:
We ensure compliance with all legal and regulatory requirements, including regular reviews and reporting.
Consulting and support
– Employers and foundation boards:
Comprehensive consulting on insurance issues, including the selection and management of risk insurance for disability and death.
– Insured persons:
We advise and support insured persons with their inquiries regarding pension plans, home ownership promotion, administration, and benefits. Consulting and support
– Employers and foundation boards:
Comprehensive advice on insurance issues, including the selection and management of risk insurance for disability and death.
– Insured persons:
We advise and support insured persons with their inquiries regarding pension provision, home ownership promotion, administration, and benefits.
Technical administration and IT services
Modern IT solutions for efficient pension fund management
– Data management:
Efficient management and backup of your data with modern IT systems.
– Reporting and analysis:
Ensuring comprehensive reports and analyses on the performance of your pension fund to support informed decisions.
– Digitalization:
Implementation of digital solutions to optimize processes and improve service quality. Online access via an employer and employee portal.
Training and continuing education
Knowledge transfer for your employees
– Specialist seminars:
Regular training courses and seminars on current topics in occupational pension provision. – Individual training courses:
Tailor-made continuing education programs for your employees and managers.
– Webinars and online courses:
Flexible learning opportunities that can be used anytime, anywhere.
