Group life reporting for occupational pension schemes

Private life insurers offering occupational pension schemes are required to prepare a separate group life report about their business activities. This ensures that occupational pensions are kept separate from other types of business.

The first revision of the Federal Act on Occupational Retirement, Survivors' and Disability Pension Plans (BVG) in 2004 included creating a framework for ensuring transparency in how surpluses in occupational pension schemes are distributed.

Fact sheet: Minimum quota: distribution of surpluses from Pillar 2

The minimum quota determines how much profit private life insurers are permitted to make in Switzerland. FINMA ensures compliance with these provisions.

Updated: 21.05.2013 Size: 0,59  MB
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Fact sheet: Private life insurers in the second pillar

Life insurers manage approximately one fifth of second pillar pension assets and insure approximately 1.6 million employees, particularly those working at small and medium-sized companies in Switzerland.

Updated: 15.11.2017 Size: 0,11  MB
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Comprehensive transparency

Life insurers must provide insured occupational pension funds with the information they need to meet their transparency obligations and enable the funds' governing bodies to fulfil their mandate. Another aim of the first BVG revision was to promote competition between life insurers and alternative forms of retirement provision.

The rules on group life reporting for occupational pension schemes are set out in FINMA Circular 2008/36. It states that insurers must provide FINMA annually with a data collection portfolio, an accompanying report and a disclosure proposal as part of their group life reporting for occupational pension schemes. This documentation is reviewed by an external audit firm based on FINMA’s standard audit strategy.

Begleitbericht zur Betriebsrechnung

Updated: 22.12.2016 Size: 0,14  MB
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2008/36 FINMA-Rundschreiben "Betriebsrechnung berufliche Vorsorge" (20.11.2008)

Betriebsrechnung berufliche Vorsorge

Updated: 20.11.2008 Size: 0,3  MB
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Annual transparency report

Every year FINMA prepares a comprehensive report based on key figures from the group life reporting statements submitted by life insurers. These transparency reports on private occupational pension schemes (Pillar 2) are published on FINMA's website every autumn.

Betriebsrechnung berufliche Vorsorge 2016

Offenlegung gegenüber den versicherten Vorsorgeeinrichtungen

Updated: 08.09.2017 Size: 0,21  MB
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  • DE
  • FR
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