Pillar 3a glossary: the most important terms explained simply

A

Account solution (Pillar 3a)

Active asset management

Allowance (OASI allowance)

Alternative investments

B

Bankruptcy privilege

Beneficiary order

Bond (debenture)

BVG/LPP entry threshold

BVG/LPP mandatory part

BVG/LPP minimum interest rate

BVG/LPP substitute pension institution

BVG/LPP supplementary part

C

Capital withdrawal

Capital withdrawal tax

Collective investments

Compound interest effect

Contribution gap

Conversion rate

Coordination deduction

D

Death insurance

Direct investment

Diversification

Dollar cost averaging

E

Early retirement

Early withdrawal

ETF (Exchange Traded Fund)

F

Foundation (Pillar 3a)

I

Incapacity to work

Indirect amortisation

Investment fund

Investment horizon

Investment strategy

Investor profile

L

Leaving benefit

M

Marginal tax rate

Maximum contribution

O

OASI-liable income

P

Participation in acquired property

Passive investing

Pension fund (investment fund)

Promotion of home ownership (WEF)

R

Real estate fund

Restricted provision (Pillar 3a)

Retroactive contribution

S

Securities solution

Subsequent ordinary assessment (NOV)

Substitute income

T

Tax certificate

Tax progression

TER (Total Expense Ratio)

Three-pillar system

Transfer (provider switch)

U

Unrestricted provision (Pillar 3b)

V

Vested benefits account

Vested Benefits Act (FZG)

Vested benefits institution

W

Withdrawal staggering