Pax DuoStar makes selectable guarantees possible in occupational pension plans

Following its great success in private pension provision, Pax is also implementing the innovative concept of selectable guarantees for companies in occupational pension provision with Pax DuoStar.

Security and return

Pax DuoStar combines the advantages of full insurance with the benefits of a semi-autonomous solution. In the fully insured part, customers enjoy 100 percent security and bear no risk of a possible shortfall in coverage - exactly as in full insurance. In the return-oriented opportunity part, the retirement assets are invested in such a way that customers can participate in the development of the financial markets - as is the case in a semi-autonomous solution. Compared with full insurance, premiums are reduced with the prospect of a higher return. And compared with the semi-autonomous solution, the fully insured guarantee component offers 100 percent protection.

"Pax DuoStar combines the benefits of full insurance with the advantages of a semi-autonomous solution."

The third dimension

With Pax DuoStar, SMEs find a third, pioneering dimension in the evaluation of their occupational pension solution alongside full insurance and semi-autonomous offerings, and benefit from the concept of selectable guarantees. This creates a way out of the previous either-or tension in occupational pension provision and towards the both/and option. In this way, companies can optimally cover their individual requirements in their various planning phases.

Modern pension provision for modern SMEs

Thanks to Pax DuoStar, companies can weight their security needs and risk profile more systematically and balance them on the basis of their future challenges and risk situation. In this way, they anchor their corporate strategy considerations in the occupational pension plan, while at the same time bringing them into line with the demands of their employees. After all, companies need interesting pension solutions in order to find and retain qualified employees in the long term. A generous and modern occupational pension plan that meets the circumstances and needs is increasingly becoming part of a modern employer and attractive employment conditions. This is because it can increasingly become a decisive factor in job selection and retention. Particularly in difficult times, it is becoming more important to have a pension plan that offers security in terms of future prospects and guarantees that can be selected.

Everything about Pax DuoStar: www.pax.ch/duostar

Authors:
Yvonne Häring is a member of the Executive Board, Pax, Swiss Life Insurance Company Ltd.
Lien Nguyen is Managing Director Pax, Collective Foundation Balance

More information:
Customer Service Occupational Pension Plans
kundenservice-bvg@pax.ch
+41 61 277 66 80
www.pax.ch/berufliche-vorsorge