GEMINI Collective Foundation 1e

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.