GEMINI Collective Foundation 1e
The GEMINI Collective Foundation 1e offers an attractive 1e pension solution in the non-mandatory segment.
GEMINI Collective Foundation 1e transfers operations to finpension 1e Collective Foundation
The Foundation Board of the GEMINI Collective Foundation 1e has decided to transfer the Foundation’s entire operations to the reputable financial services provider finpension with effect from 1 January 2025.
With some 220 members and assets totalling CHF 45 million, the GEMINI Collective Foundation 1e has come to the conclusion that it is too small a player to operate effectively in the long term as an insurer of extra-mandatory BVG assets by way of individual investments. In view of the market situation and given that the Foundation endeavours to offer its members the best possible terms of service, the Foundation Board has decided to transfer its operations.
Working with the finpension 1e Collective Foundation, which was established in 2016, constitutes the perfect solution. As well as representing the interests of GEMINI 1e clients and members, finpension also guarantees that the current pension arrangements will remain in place. The 1e pension plan offered by finpension stands out for its favourable administration and reinsurance costs, and the Foundation’s investment strategies are perfectly aligned with the philosophy underpinning GEMINI 1e. On top of this, the financial services provider offers a modern digital infrastructure for members and clients.
The Foundation Board of the GEMINI Collective Foundation 1e regards this transfer as a responsible and far-sighted decision that will benefit members in the long term and secure the continuity of services.
This decision will not affect the GEMINI Collective Foundation, which has around 33,000 beneficiaries, since the GEMINI Collective Foundation and the GEMINI Collective Foundation 1e are two separate foundations.
Organisation of the GEMINI Collective Foundation 1e
The GEMINI Collective Foundation 1e draws on a reliable network of experienced specialists. An excellent track record is a priority in the selection of external service providers. The GEMINI Collective Foundation 1e is managed by Avadis Vorsorge AG.
Foundation Board of the GEMINI Collective Foundation 1e
The Foundation Board acts as the Foundation’s supreme executive body. An independent Investment Committee consisting of investment specialists is responsible for the selection and monitoring of the external asset managers. The operational management of the asset classes is entrusted to a range of asset managers.
Board of Trustees
Albert Steiner, Chairman
Avadis Vorsorge AG, Zurich
Employee representative
Vital G. Stutz, Vice Chairman
Advozug, Zug
Employer representative
Pascal Renaud
Toptima AG, Aarau
Employer representative
Andreas Soland
Hero AG, Lenzburg
Employee representative
Further executive bodies
Management
Heinz Ehrensberger
Managing Director
Administration
Avadis Vorsorge AG
Zurich
Pension fund expert
Allvisa AG
Zurich
Investment management and controlling
UBS Fund Management AG
Basel
Auditor
EY
Basel
Supervisory authority
Zentralschweizer BVG- und Stiftungsaufsicht (ZBSA)
Lucerne
Asset managers
Investment class
Asset manager
Liquidity
Pictet, Bank Syz
Bonds CHF
Bank Syz, UBS
Foreign currency government bonds hedged
BlackRock
Foreign currency corporate bonds hedged
BlackRock
Swiss equities
Credit Suisse
Foreign equities
Credit Suisse
Foreign equities hedged
Credit Suisse
Emerging markets equities
Credit Suisse