{"id":8849,"date":"2021-11-23T12:27:01","date_gmt":"2021-11-23T11:27:01","guid":{"rendered":"https:\/\/www.smolio.ch\/wissen\/ellexx-pillar-3a-review-2023-investing-for-more-equality-and-diversity\/"},"modified":"2024-12-14T17:48:19","modified_gmt":"2024-12-14T16:48:19","slug":"ellexx-pillar-3a-review-2023-investing-for-more-equality-and-diversity","status":"publish","type":"post","link":"https:\/\/www.smolio.ch\/en\/wissen\/ellexx-pillar-3a-review-2023-investing-for-more-equality-and-diversity\/","title":{"rendered":"elleXX Pillar 3a Review 2023: Investing for more equality and diversity"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Lesedauer<\/span> <span class=\"rt-time\"> 7<\/span> <span class=\"rt-label rt-postfix\">Minuten<\/span><\/span>\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-bb37454\" data-block-id=\"bb37454\"><p class=\"stk-block-text__text\">elleXX, a financial platform for women in Switzerland, was launched in 2021.\nWith elleXX Pillar 3a, it offers a digital pension product in collaboration with Bank Vontobel.\nWith this product, elleXX aims to close the gender pension gap.\nWe do the fact check for you.\nHow good is elleXX Pillar 3a?    <\/p><\/div>\n\n<!--more-->\n\n<nav class=\"wp-block-stackable-table-of-contents stk-block-table-of-contents stk-block stk-7d148fc stk-block-background\" data-block-id=\"7d148fc\"><p class=\"stk-table-of-contents__title\">We clarify these questions in the article on elleXX Pillar 3a<\/p><ul class=\"stk-table-of-contents__table\"><li><a href=\"#br-was-steckt-in-der-saule-3-a-von-elle-xx-wie-nachhaltig-ist-sie\">Was steckt in der S\u00e4ule 3a von elleXX?\nWie nachhaltig ist sie? <\/a><\/li><li><a href=\"#wie-hoch-ist-der-mindestanlage-betrag\">What is the minimum investment amount?<\/a><\/li><li><a href=\"#ist-elle-xx-saule-3-a-nur-fur-frauen\">Is elleXX Pillar 3a only for women?<\/a><\/li><li><a href=\"#ist-mein-geld-in-der-saule-3-a-sicher\">Is my money safe in pillar 3a?<\/a><\/li><li><a href=\"#was-kosten-die-saule-3-a-losungen-mit-elle-xx\">What do the pillar 3a solutions with elleXX cost?  <\/a><\/li><li><a href=\"#lohnt-sich-elle-xx-saule-3-a\">Is elleXX pillar 3a worthwhile?<\/a><\/li><li><a href=\"#welche-schwachen-hat-das-produkt\">What are the product&#8217;s weaknesses?<\/a><\/li><li><a href=\"#ist-elle-xx-saule-3-a-eine-gute-losung-welche-starken-hat-das-angebot\">Ist elleXX S\u00e4ule 3a eine gute L\u00f6sung?\nWelche St\u00e4rken hat das Angebot? <\/a><\/li><li><a href=\"#zusammenfassung-elle-xx-saule-3-a\">Summary elleXX Pillar 3a<\/a><\/li><\/ul><\/nav>\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-f6c6957\" id=\"was-ist-elle-xx\" data-block-id=\"f6c6957\"><h2 class=\"stk-block-heading__text stk-block-heading--use-theme-margins\">What is elleXX?<\/h2><\/div>\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-a9ad2e0\" data-block-id=\"a9ad2e0\"><p class=\"stk-block-text__text\">elleXX is a financial platform that specifically targets women and focuses on equality and sustainability.\nTheir aim is to close the financial gaps for women.\nTo this end, they are developing &#8220;women-friendly white label financial products&#8221; in cooperation with partners, according to a <a href=\"\" target=\"\" rel=\"\">press release<\/a>.\nThere is currently (March 2023) an equity product in collaboration with Migrosbank, a pillar 3a product with Vontobel and legal protection insurance with CAP (Allianz).     <\/p><\/div>\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-4daac7d\" id=\"br-was-ist-die-elle-xx-saule-3-a\" data-block-id=\"4daac7d\"><h2 class=\"stk-block-heading__text stk-block-heading--use-theme-margins\"><br\/>What is the elleXX pillar 3a?<\/h2><\/div>\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-4f285d5\" data-block-id=\"4f285d5\"><p class=\"stk-block-text__text\">The elleXX Pillar 3a financial product is a digital 3a pension solution in cooperation with Bank Vontobel and the Vontobel 3a Pension Foundation.\nA comparison of the <a href=\"\" target=\"\" rel=\"\">documents<\/a> with Bank Vontobel&#8217;s <a href=\"\" target=\"\" rel=\"\">offerings<\/a> shows that the Vontobel products Volt 3a and elleXX 3a are very similar; the elleXX <a href=\"\" target=\"\" rel=\"\">website<\/a> calls the offering an &#8220;advertising partnership&#8221;.\nThis procedure is known as &#8220;white labeling&#8221;: a provider (Vontobel) offers its product with a different product name via a different distribution channel (elleXX).    <\/p><\/div>\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-d2f9450\" data-block-id=\"d2f9450\"><p class=\"stk-block-text__text\">You open your pillar 3a online; this creates a (new) customer relationship with Vontobel via elleXX.\nYou then have access to your pension solution via the smartphone app.\nIf you have any questions, you can contact a Vontobel representative (elleXX (@) vontobel.ch).  <\/p><\/div>\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-e1c69e7\" id=\"br-was-steckt-in-der-saule-3-a-von-elle-xx-wie-nachhaltig-ist-sie\" data-block-id=\"e1c69e7\"><h2 class=\"stk-block-heading__text stk-block-heading--use-theme-margins\"><br\/>What does elleXX&#8217;s pillar 3a offer?\nHow sustainable is it? <\/h2><\/div>\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-495110f\" data-block-id=\"495110f\"><p class=\"stk-block-text__text\">You can choose from five globally diversified investment strategies.\nDepending on the strategy, your money is distributed differently between equities (in the form of passively managed funds) and bonds.\nFor all strategies, 2 % remains in the account as liquid assets.\nIf you want to take more or less risk, you can adjust your strategy at any time.   <\/p><\/div>\n\n<figure class=\"wp-block-table is-style-stripes\" data-block-type=\"core\"><table><thead><tr><th>Investment strategy<\/th><th>Share percentage<\/th><th>Bond share<\/th><\/tr><\/thead><tbody><tr><td>defensive<\/td><td>10 %<\/td><td>88 %<\/td><\/tr><tr><td>conservative<\/td><td>30 %<\/td><td>68 %<\/td><\/tr><tr><td>balanced<\/td><td>50 %<\/td><td>48 %<\/td><\/tr><tr><td>growth<\/td><td>70 %<\/td><td>28 %<\/td><\/tr><tr><td>dynamic<\/td><td>98 %<\/td><td>0 %<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">Investment mix of elleXX pillar 3a investment strategies, status (July 2023), source: <a href=\"https:\/\/www.ellexx.com\/content\/files\/2023\/07\/DI_Produktinformation_elleXX-3a_CHF_202303_de.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">ellexx<\/a> <\/figcaption><\/figure>\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-cfd2347\" data-block-id=\"cfd2347\"><p class=\"stk-block-text__text\">It is not clear from the publicly available documents exactly how your money is invested.\nThe benchmark indices listed for the product provide an indication.\nThe performance of the product is compared with equity indices in the EU (MSCI EMU), the USA (MSCI USA) and Switzerland (SPI), with Swiss government bonds and international corporate bonds that are hedged in Swiss francs.  <\/p><\/div>\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-1f36210\" data-block-id=\"1f36210\"><p class=\"stk-block-text__text\">According to the <a href=\"https:\/\/ellexx.rokka.io\/source_file\/ea654f\/Vontobel%20elleXX%203a_Produktinformation_DE_202211.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">product description<\/a>, the investment process pays attention to environmental and social sustainability criteria. This includes funds that incorporate ESG factors, minimize sustainability risks and comply with the ten UN Global Compact principles. elleXX also aims to make a positive contribution to greater equality for women. This will come to fruition when enough customers have purchased the product. This is because they have contractually obliged Vontobel to &#8220;explicitly add investments that take particular account of gender equality and diversity above a certain volume&#8221;.    <\/p><\/div>\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-adb7a02\" id=\"wie-hoch-ist-der-mindestanlage-betrag\" data-block-id=\"adb7a02\"><h2 class=\"stk-block-heading__text stk-block-heading--use-theme-margins\">What is the minimum investment amount?<\/h2><\/div>\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-fe0de6a\" data-block-id=\"fe0de6a\"><p class=\"stk-block-text__text\">Deposits are invested from CHF 500.<\/p><\/div>\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-405e124\" id=\"ist-elle-xx-saule-3-a-nur-fur-frauen\" data-block-id=\"405e124\"><h2 class=\"stk-block-heading__text stk-block-heading--use-theme-margins\">Is elleXX Pillar 3a only for women?<\/h2><\/div>\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-e4d2b30\" data-block-id=\"e4d2b30\"><p class=\"stk-block-text__text\">No, men can also buy the product.\n <a href=\"\" target=\"\" rel=\"\">From the point of view<\/a> of the cooperation partner Vontobel, the cooperation is aimed at the target group of women, which banks find difficult to reach.\n&#8220;We are delighted to be working with elleXX. We can offer a solution for women that closes financial gaps through investment opportunities in the third pillar and thus actively contribute to reducing the gender pension gap in Switzerland.&#8221;  <\/p><\/div>\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-dc00cdb\" id=\"ist-mein-geld-in-der-saule-3-a-sicher\" data-block-id=\"dc00cdb\"><style>.stk-dc00cdb {margin-bottom:27px !important;}<\/style><h2 class=\"stk-block-heading__text stk-block-heading--use-theme-margins\">Is my money safe in pillar 3a?<\/h2><\/div>\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-7a6fb7f\" data-block-id=\"7a6fb7f\"><p class=\"stk-block-text__text\">Yes, quite, because your money is with Bank Vontobel or the Vontobel 3a Pension Foundation and not with elleXX.\nWhat would happen if your custodian bank (i.e. Vontobel) went bankrupt?   <\/p><\/div>\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-917b27a\" data-block-id=\"917b27a\"><p class=\"stk-block-text__text\">This is answered by <a href=\"https:\/\/www.esisuisse.ch\/de\/einlagensicherung\/faq\" target=\"_blank\" rel=\"noreferrer noopener\">esisuisse<\/a>, a private self-regulatory organization of all banks that have a branch in Switzerland. This means that your 3a securities are not part of the bank&#8217;s bankruptcy estate, as they are only held in trust by the bank and are therefore not part of the bank&#8217;s balance sheet. In the event of bankruptcy, they fall to the Vontobel 3a Pension Foundation with which you concluded your 3a contract. The situation is different for 3a account balances. These are not covered by the esisuisse deposit guarantee &#8211; this only applies to private assets. However, 3a account balances of up to CHF 100,000 are privileged in the event of bankruptcy: they are placed in bankruptcy class 2, directly after the salary claims of bank employees in the first class. In order to secure the privileged deposits, the bank must provide collateral amounting to 125% of these deposits. CHF 1,000 in privileged deposits are therefore usually offset by at least CHF 1,250 in mortgage claims against bank customers.       <\/p><\/div>\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-203fb6d\" id=\"was-kosten-die-saule-3-a-losungen-mit-elle-xx\" data-block-id=\"203fb6d\"><h2 class=\"stk-block-heading__text stk-block-heading--use-theme-margins\">What do the pillar 3a solutions with elleXX cost?  <\/h2><\/div>\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-130c1fc\" data-block-id=\"130c1fc\"><p class=\"stk-block-text__text\">These costs are made up of a <a href=\"https:\/\/ellexx.rokka.io\/source_file\/3ff795\/elleXX%203a_Kosten%C3%BCbersicht_FIDLEG%20Kunden_DE_202109_Version%20202302.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">service fee<\/a> (0.48% per year) and the product costs. The latter depend on your investment strategy. The costs per investment strategy can be found in the <a href=\"https:\/\/volt.vontobel.com\/de-ch\/saeule-3a\/kosten-volt-3a\/\" target=\"_blank\" rel=\"noopener\">FAQs<\/a> for Vontobel Volt 3a and amount to 0.21% to 0.26%. &#8220;The prices are exclusive of consumption tax (e.g. VAT)&#8221;, according <a href=\"https:\/\/ellexx.rokka.io\/source_file\/3ff795\/elleXX%203a_Kosten%C3%BCbersicht_FIDLEG%20Kunden_DE_202109_Version%20202302.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">to<\/a> the &#8220;General provisions&#8221;. Depending on the investment strategy, the total costs are therefore between 0.72% and 0.77% (including VAT), as the following table shows.    <\/p><\/div>\n\n<figure class=\"wp-block-table\" data-block-type=\"core\"><table><thead><tr><th>elleXX Pillar 3a investment strategy  <\/th><th>yearly\nTotal costs (incl. service fee, product costs and VAT) <\/th><\/tr><\/thead><tbody><tr><td>Defensive strategy<\/td><td>0.72 %*<\/td><\/tr><tr><td>Conservative strategy<\/td><td>n.a.*<\/td><\/tr><tr><td>Balanced strategy<\/td><td>n.a.*<\/td><\/tr><tr><td>Dynamic strategy<\/td><td>n.a.*<\/td><\/tr><tr><td>Growth strategy<\/td><td>0.77 %*<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">* According to the elleXX provider information, 7.7 % of the product costs are subject to VAT; certain parts of the service fee are VAT-free.\nThis results in fees of 0.72 % (defensive) &#8211; 0.77 % (growth); we do not have details for the other investment strategies.   <br\/>Fees for implementing the investment strategies incl.\nService fee, product costs and VAT, <br\/>as at March 2023, sources: elleXX, <a href=\"\" target=\"\" rel=\"\">product description <\/a>and <a href=\"\" target=\"\" rel=\"\">Vontobel<\/a>.   <\/figcaption><\/figure>\n\n<p class=\"wp-block-paragraph\" data-block-type=\"core\"><\/p>\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-1133501\" data-block-id=\"1133501\"><p class=\"stk-block-text__text\">elleXX provides transparent information on its website about the <a href=\"https:\/\/www.ellexx.com\/de\/rechtliches\/\" target=\"_blank\" rel=\"noreferrer noopener\">distribution fees<\/a> it receives from Vontobel for brokering the products. This means that elleXX receives 50 % of the service fee, i.e. 0.24 % of your pillar 3a assets with Vontobel. This is included in the costs that you pay to Vontobel.  <\/p><\/div>\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-2afb256\" id=\"lohnt-sich-elle-xx-saule-3-a\" data-block-id=\"2afb256\"><h2 class=\"stk-block-heading__text stk-block-heading--use-theme-margins\">Is elleXX pillar 3a worthwhile?<\/h2><\/div>\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-89b4e96\" data-block-id=\"89b4e96\"><p class=\"stk-block-text__text\">We have researched how much you will have to pay in March 2023 for sustainable investment solutions with high equity ratios from selected, larger digital pillar 3a providers.\nYou can find the results in the following table, which is organized by cost.\nYou can see that some alternatives only cost around half as much and <a href=\"\" target=\"\" rel=\"\">Inyova<\/a> and Selma Finance are slightly more expensive.\nThis also applies to strategies with an equity allocation of 60 %: finpension with its flat-fee model (0.39 %) and VIAC Global 60 sustainable (0.38 %) are also cheaper than the balanced strategy at ellex 3a.     <\/p><\/div>\n\n<figure class=\"wp-block-table\" data-block-type=\"core\"><table><thead><tr><th>Provider &amp; investment strategy<\/th><th>Total costs p.a. incl.\nVAT <\/th><th>Source<\/th><\/tr><\/thead><tbody><tr><td>finpension sustainable 100<\/td><td>0.39 %<\/td><td><a href=\"https:\/\/finpension.ch\/app\/uploads\/factsheets\/3a_finpension_Sustainable_100_Swisscanto_de.pdf?t=2023-03-02\" target=\"_blank\" rel=\"noreferrer noopener\">Link<\/a><\/td><\/tr><tr><td>Frankly extreme 95 active<\/td><td>0.45 %<\/td><td><a href=\"https:\/\/www.frankly.ch\/de\/anlageprodukte.html\" target=\"_blank\" rel=\"noreferrer noopener\">Link<\/a><\/td><\/tr><tr><td>VIAC Global 100 sustainable<\/td><td>0.53 %<\/td><td><a href=\"https:\/\/viac.ch\/wp-content\/uploads\/VIAC-Global-Nachhaltig-100-DE.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Link<\/a><\/td><\/tr><tr><td>ellex pillar 3a dynamic<\/td><td>0.77 %<\/td><td><a href=\"https:\/\/ellexx.rokka.io\/source_file\/3ff795\/elleXX%203a_Kosten%C3%BCbersicht_FIDLEG%20Kunden_DE_202109_Version%20202302.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Link<\/a><\/td><\/tr><tr><td>Inyova 3a<\/td><td>0.80 %<\/td><td><a href=\"https:\/\/inyova.ch\/3a-smolio\/\" target=\"_blank\" rel=\"noreferrer noopener\">Link<\/a><\/td><\/tr><tr><td>Selma Finance 3a<\/td><td>0.90%-0.69 % *<\/td><td><a href=\"https:\/\/www.selma.com\/de-ch\/gebuehr\" target=\"_blank\" rel=\"noreferrer noopener\">Link<\/a><\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">Costs for sustainable investment strategies with a maximum equity component with selected digital pillar 3a providers,<br\/>as at March 2023, according to the providers&#8217; websites, all information without guarantee<br\/>* Fee depending on pension assets: 0.9 % under CHF 50,000, 0.77 % for CHF 50,000 -150,000 and 0.69 % p.a. from CHF 150,000<\/figcaption><\/figure>\n\n<p class=\"wp-block-paragraph\" data-block-type=\"core\"><\/p>\n\n<h3 class=\"wp-block-heading\" id=\"h-du-denkst-vielleicht-was-macht-schon-ein-halbes-prozent-aus\">You may be thinking: What difference does half a percent make?<\/h3>\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-d402505\" data-block-id=\"d402505\"><p class=\"stk-block-text__text\">To do this, we compare two investments.\nOn the one hand, we invest money in the investment strategy solution from elleXX (0.768 %) and on the other hand in the solution from <a href=\"\">finpension<\/a> (0.39 %).\nIn the model calculation, we pay the current <a href=\"\">pillar 3a maximum amount<\/a> into both products for 25 years.\nWe have increased this amount by 0.5 % per year and assumed a long-term (historical) market return of 6.7 % per year for the MSCI World.\nWe therefore model ONLY the difference on the cost side of the products and assume the same performance.      <\/p><\/div>\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-c4c08b5\" data-block-id=\"c4c08b5\"><p class=\"stk-block-text__text\">You can see the result of the calculations in the chart.\nIt shows that after 25 years with the elleXX solution you will have around CHF 25,000 (or 5.8 %) <strong>less<\/strong> assets with elleXX (CHF 425,300) than with finpension (CHF 449,800).\nThis is due to the difference in fees.\nThe fees reduce your annual investment capital more with elleXX than with finpension, and this has a significant effect over 25 years.\nIncidentally, Vontobel will pay almost CHF 10,000 from your deposits to elleXX as a distribution fee over the 25 years.    <\/p><\/div>\n\n<div class=\"wp-block-stackable-image stk-block-image stk-block stk-3372899\" data-block-id=\"3372899\"><style>.stk-3372899 .stk-img-wrapper{width:50% !important;}<\/style><figure><span class=\"stk-img-wrapper stk-image--shape-stretch\"><img loading=\"lazy\" decoding=\"async\" class=\"stk-img wp-image-5983\" src=\"https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2021\/11\/04141147\/2023-03_Gebuhrenvergleich_elleXX_VIAC-finpension.png\" width=\"595\" height=\"436\" alt=\"elleXX Pillar 3a\" title=\"\" srcset=\"https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2021\/11\/04141147\/2023-03_Gebuhrenvergleich_elleXX_VIAC-finpension.png 595w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2021\/11\/04141147\/2023-03_Gebuhrenvergleich_elleXX_VIAC-finpension-400x293.png 400w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2021\/11\/04141147\/2023-03_Gebuhrenvergleich_elleXX_VIAC-finpension-315x231.png 315w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2021\/11\/04141147\/2023-03_Gebuhrenvergleich_elleXX_VIAC-finpension-360x264.png 360w\" sizes=\"auto, (max-width: 595px) 100vw, 595px\" \/><\/span><\/figure><\/div>\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-4038f58\" id=\"welche-schwachen-hat-das-produkt\" data-block-id=\"4038f58\"><h2 class=\"stk-block-heading__text stk-block-heading--use-theme-margins\">What are the product&#8217;s weaknesses?<\/h2><\/div>\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-3c4d0bc\" data-block-id=\"3c4d0bc\"><p class=\"stk-block-text__text\">The slightly higher costs therefore reduce your final assets. In addition, you can invest a maximum of 90% in equities and always have 2% of your pension assets liquid in your account. Other providers offer you a higher proportion of equities (e.g. 99% with <a href=\"https:\/\/www.smolio.ch\/en\/wissen\/finpension-3a-experience-and-review-2023\/\">finpension<\/a> or VIAC). So if you have a big appetite for risk, you can choose even more dynamic investment strategies with other providers.    <\/p><\/div>\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-7b0f5fc\" data-block-id=\"7b0f5fc\"><p class=\"stk-block-text__text\"><em>Addendum July 10, 2023: elleXX has increased the equity component in the dynamic investment strategy to 98% according to the product sheet, bringing it in line with other providers.  <\/em><\/p><\/div>\n\n<div class=\"wp-block-stackable-columns stk-block-columns stk-block stk-3112f5f stk-block-background callout\" data-block-id=\"3112f5f\" data-block-type=\"core\" data-block-type=\"core\"><style>.stk-3112f5f{background-color:#02b875 !important;margin-bottom:40px !important}.stk-3112f5f:before{background-color:#02b875 !important}<\/style><div class=\"stk-row stk-inner-blocks stk-block-content stk-content-align stk-3112f5f-column\">\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-4a4cbd5\" data-v=\"4\" data-block-id=\"4a4cbd5\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-4a4cbd5-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-4a4cbd5-inner-blocks\">\n<div class=\"wp-block-stackable-image stk-block-image stk-block stk-fe9674b\" data-block-id=\"fe9674b\"><figure><span class=\"stk-img-wrapper stk-image--shape-stretch\"><img loading=\"lazy\" decoding=\"async\" class=\"stk-img wp-image-6627\" src=\"https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2023\/11\/06183134\/Produktfinder-PC-3-Anbieter-with-BG.png\" width=\"1200\" height=\"800\" alt=\"Smolio pension check shows income in retirement with Pensions 2020\" title=\"\" srcset=\"https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2023\/11\/06183134\/Produktfinder-PC-3-Anbieter-with-BG.png 1200w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2023\/11\/06183134\/Produktfinder-PC-3-Anbieter-with-BG-800x533.png 800w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2023\/11\/06183134\/Produktfinder-PC-3-Anbieter-with-BG-315x210.png 315w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2023\/11\/06183134\/Produktfinder-PC-3-Anbieter-with-BG-768x512.png 768w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2023\/11\/06183134\/Produktfinder-PC-3-Anbieter-with-BG-360x240.png 360w, https:\/\/smolio-storage.s3.eu-central-1.amazonaws.com\/wp-content\/uploads\/2023\/11\/06183134\/Produktfinder-PC-3-Anbieter-with-BG-400x267.png 400w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/span><\/figure><\/div>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-4891e88\" data-v=\"4\" data-block-id=\"4891e88\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-4891e88-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-4891e88-inner-blocks\">\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-addbbcb\" id=\"finde-die-beste-saule-3-a\" data-block-id=\"addbbcb\"><style>.stk-addbbcb .stk-block-heading__text{color:#ffffff !important}<\/style><h3 class=\"stk-block-heading__text has-text-color has-text-align-center\">Find the best pillar 3a<\/h3><\/div>\n\n\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-c2849cd\" data-block-id=\"c2849cd\"><style>.stk-c2849cd .stk-block-text__text{color:#ffffff !important}<\/style><p class=\"stk-block-text__text has-text-color\">Unbelievable &#8211; most people pay too much for their pillar 3a and get too little return.\nAre you one of them?\nFind out which pillar 3a is best suited to you with just a few clicks in our free comparison.    <\/p><\/div>\n\n\n\n<div class=\"wp-block-stackable-button-group stk-block-button-group stk-block stk-38be4a0\" data-block-id=\"38be4a0\"><div class=\"stk-row stk-inner-blocks has-text-align-center stk-block-content stk-button-group\">\n<div class=\"wp-block-stackable-button stk-block-button has-text-align-center stk-block stk-1f879d2\" data-block-id=\"1f879d2\"><style>.stk-1f879d2 .stk-button{background:#192483 !important;border-top-left-radius:30px !important;border-top-right-radius:30px !important;border-bottom-right-radius:30px !important;border-bottom-left-radius:30px !important}<\/style><a class=\"stk-link stk-button stk--hover-effect-darken\" href=\"https:\/\/finder.smolio.ch\/\" target=\"_blank\" rel=\"noopener\"><span class=\"stk-button__inner-text\">Find the best pillar 3a<\/span><\/a><\/div>\n<\/div><\/div>\n<\/div><\/div><\/div>\n<\/div><\/div>\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-1665d17\" id=\"ist-elle-xx-saule-3-a-eine-gute-losung-welche-starken-hat-das-angebot\" data-block-id=\"1665d17\"><h2 class=\"stk-block-heading__text stk-block-heading--use-theme-margins\">Is elleXX Pillar 3a a good solution?\nWhat are the strengths of the offer? <\/h2><\/div>\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-3b578a6\" data-block-id=\"3b578a6\"><p class=\"stk-block-text__text\">elleXX offers a pension product that actively takes environmental and social aspects of sustainability risk into account in the investment process.\nAs already mentioned, you have agreed with Vontobel in the cooperation that, from a (not publicly communicated) minimum volume, investments will also be made specifically in investments that &#8220;take particular account of equality and diversity&#8221;.\nIf you opt for elleXX Pillar 3a, you are therefore supporting these efforts.\nWith this product, you are also helping elleXX to provide information on the subject of pensions and investing on its website.   <\/p><\/div>\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-cca03fe\" id=\"zusammenfassung-elle-xx-saule-3-a\" data-block-id=\"cca03fe\"><h2 class=\"stk-block-heading__text stk-block-heading--use-theme-margins\">Summary elleXX Pillar 3a<\/h2><\/div>\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-28ad6e9\" data-block-id=\"28ad6e9\"><p class=\"stk-block-text__text\">With a pillar 3a, you want to close financial gaps in your retirement provision through investment opportunities in the third pillar.\nOne option is the elleXX pillar 3a.\nIt is a white label offer from Vontobel that is very similar to Vontobel&#8217;s volt 3a.\nThe product is suitable for you if you want to take sustainability into account in your pillar 3a investments and support environmental and social goals and this is worth something to you.     <\/p><\/div>\n\n<div class=\"wp-block-stackable-text stk-block-text stk-block stk-025b0e8\" data-block-id=\"025b0e8\"><p class=\"stk-block-text__text\">We believe that you can make more of your money and better close your gender pension gap with other digital 3a solutions.<\/p><\/div>\n\n<div class=\"wp-block-stackable-columns stk-block-columns stk-block stk-o88gavn stk-block-background callout\" data-block-id=\"o88gavn\" data-block-type=\"core\" data-block-type=\"core\"><style>.stk-o88gavn{background-color:#02b875 !important;margin-bottom:40px !important}.stk-o88gavn:before{background-color:#02b875 !important}<\/style><div class=\"stk-row stk-inner-blocks stk-block-content stk-content-align stk-o88gavn-column\">\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-uj9q6m0\" data-v=\"4\" data-block-id=\"uj9q6m0\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-uj9q6m0-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-uj9q6m0-inner-blocks\">\n<div class=\"wp-block-stackable-image stk-block-image stk-block stk-2uyb668\" data-block-id=\"2uyb668\"><figure><span class=\"stk-img-wrapper stk-image--shape-stretch\"><img loading=\"lazy\" decoding=\"async\" class=\"stk-img wp-image-827\" src=\"https:\/\/www.smolio.ch\/wp-content\/uploads\/2017\/08\/Vorsorgecheck-live_Einkommensu&#x308;bersicht-niedergelassene_Smolio-Wissen.png\" width=\"800\" height=\"566\" alt=\"Smolio pension check shows income in retirement with Pensions 2020\" title=\"\"><\/span><\/figure><\/div>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-px4wkcb\" data-v=\"4\" data-block-id=\"px4wkcb\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-px4wkcb-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-px4wkcb-inner-blocks\"><p data-block-type=\"core\"><div class=\"mautic-slot\" data-slot-name=\"c2a-blog-finanzdashboard\"><\/p>\n<h3>Mach den ersten Schritt zur finanziellen Unabh\u00e4ngigkeit<\/h3>\n<p> In einer Minute siehst du deine Verm\u00f6gensentwicklung und dein Einkommen w\u00e4hrend der Rente. <\/p>\n<p> <a href=\"https:\/\/cockpit.smolio.ch\/de\/vorsorgecheck\/start\/1\/\" target=\"_blank\" rel=\"noopener\">Rentenrechner starten<\/a> <\/p>\n<p><\/div><\/p>\n<\/div><\/div><\/div>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>elleXX has been offering elleXX Pillar 3a, a digital pension product, since the beginning of November 2021.<br \/>\nWith this product, elleXX aims to close the gender pension gap.<br \/>\nWe do the fact check for you.<br \/>\nHow good is elleXX Pillar 3a?   <\/p>\n","protected":false},"author":8,"featured_media":5172,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2260],"tags":[],"class_list":["post-8849","post","type-post","status-publish","format-standard","has-post-thumbnail","category-invest-in-pillar-3a"],"nelio_content":{"autoShareEndMode":"never","automationSources":{"useCustomSentences":false,"customSentences":[]},"efiAlt":"","efiUrl":"","followers":[],"highlights":[],"isAutoShareEnabled":false,"networkImageIds":[],"permalinkQueryArgs":[],"series":[],"suggestedReferences":[]},"featured_image_urls_v2":{"full":["https:\/\/www.smolio.ch\/wp-content\/uploads\/2021\/11\/Smolio_Blog_ellexXX-Saeule3a-Vontobel_Volt_confident-mature-business-woman-working-with-her-d-2021-08-30-05-22-10-utc.webp",1200,800,false],"thumbnail":["https:\/\/www.smolio.ch\/wp-content\/uploads\/2021\/11\/Smolio_Blog_ellexXX-Saeule3a-Vontobel_Volt_confident-mature-business-woman-working-with-her-d-2021-08-30-05-22-10-utc-315x210.webp",315,210,true],"medium":["https:\/\/www.smolio.ch\/wp-content\/uploads\/2021\/11\/Smolio_Blog_ellexXX-Saeule3a-Vontobel_Volt_confident-mature-business-woman-working-with-her-d-2021-08-30-05-22-10-utc-800x533.webp",800,533,true],"medium_large":["https:\/\/www.smolio.ch\/wp-content\/uploads\/2021\/11\/Smolio_Blog_ellexXX-Saeule3a-Vontobel_Volt_confident-mature-business-woman-working-with-her-d-2021-08-30-05-22-10-utc-768x512.webp",768,512,true],"large":["https:\/\/www.smolio.ch\/wp-content\/uploads\/2021\/11\/Smolio_Blog_ellexXX-Saeule3a-Vontobel_Volt_confident-mature-business-woman-working-with-her-d-2021-08-30-05-22-10-utc.webp",1140,760,false],"1536x1536":["https:\/\/www.smolio.ch\/wp-content\/uploads\/2021\/11\/Smolio_Blog_ellexXX-Saeule3a-Vontobel_Volt_confident-mature-business-woman-working-with-her-d-2021-08-30-05-22-10-utc.webp",1200,800,false],"2048x2048":["https:\/\/www.smolio.ch\/wp-content\/uploads\/2021\/11\/Smolio_Blog_ellexXX-Saeule3a-Vontobel_Volt_confident-mature-business-woman-working-with-her-d-2021-08-30-05-22-10-utc.webp",1200,800,false],"davenport-blog-thumb":["https:\/\/www.smolio.ch\/wp-content\/uploads\/2021\/11\/Smolio_Blog_ellexXX-Saeule3a-Vontobel_Volt_confident-mature-business-woman-working-with-her-d-2021-08-30-05-22-10-utc-1140x694.webp",1140,694,true],"davenport-blog-thumb-grid":["https:\/\/www.smolio.ch\/wp-content\/uploads\/2021\/11\/Smolio_Blog_ellexXX-Saeule3a-Vontobel_Volt_confident-mature-business-woman-working-with-her-d-2021-08-30-05-22-10-utc-555x360.webp",555,360,true],"davenport-blog-thumb-widget":["https:\/\/www.smolio.ch\/wp-content\/uploads\/2021\/11\/Smolio_Blog_ellexXX-Saeule3a-Vontobel_Volt_confident-mature-business-woman-working-with-her-d-2021-08-30-05-22-10-utc-220x180.webp",220,180,true],"davenport-blog-thumb-masonry":["https:\/\/www.smolio.ch\/wp-content\/uploads\/2021\/11\/Smolio_Blog_ellexXX-Saeule3a-Vontobel_Volt_confident-mature-business-woman-working-with-her-d-2021-08-30-05-22-10-utc-360x240.webp",360,240,true],"woocommerce_thumbnail":["https:\/\/www.smolio.ch\/wp-content\/uploads\/2021\/11\/Smolio_Blog_ellexXX-Saeule3a-Vontobel_Volt_confident-mature-business-woman-working-with-her-d-2021-08-30-05-22-10-utc-300x300.webp",300,300,true],"woocommerce_single":["https:\/\/www.smolio.ch\/wp-content\/uploads\/2021\/11\/Smolio_Blog_ellexXX-Saeule3a-Vontobel_Volt_confident-mature-business-woman-working-with-her-d-2021-08-30-05-22-10-utc-400x267.webp",400,267,true],"woocommerce_gallery_thumbnail":["https:\/\/www.smolio.ch\/wp-content\/uploads\/2021\/11\/Smolio_Blog_ellexXX-Saeule3a-Vontobel_Volt_confident-mature-business-woman-working-with-her-d-2021-08-30-05-22-10-utc-300x300.webp",300,300,true]},"post_excerpt_stackable_v2":"<p>elleXX has been offering elleXX Pillar 3a, a digital pension product, since the beginning of November 2021.<br \/>\nWith this product, elleXX aims to close the gender pension gap.<br \/>\nWe do the fact check for you.<br \/>\nHow good is elleXX Pillar 3a?   <\/p>\n","category_list_v2":"<a href=\"https:\/\/www.smolio.ch\/en\/finanzthemen\/understanding-the-swiss-pension-system\/invest-in-pillar-3a\/\" rel=\"category tag\">Invest in pillar 3a<\/a>","author_info_v2":{"name":"Thomas","url":"https:\/\/www.smolio.ch\/en\/wissen\/author\/thomas\/"},"comments_num_v2":"0 comments","_links":{"self":[{"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/posts\/8849","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/comments?post=8849"}],"version-history":[{"count":2,"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/posts\/8849\/revisions"}],"predecessor-version":[{"id":9788,"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/posts\/8849\/revisions\/9788"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/media\/5172"}],"wp:attachment":[{"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/media?parent=8849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/categories?post=8849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.smolio.ch\/en\/wp-json\/wp\/v2\/tags?post=8849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}