frankly is an Android app developed in collaboration with the Savings 3 Pension Foundation of Zürcher Kantonalbank. This utility is intended for residents of Switzerland who participate in the Pillar 3a pension program. With its help, they can manage their savings and invest them in securities.
Clients
The application is designed for clients who have logged in using their phone numbers and ID card. It is worth noting that this service can be used not only by Pillar 3a account holders but also by new customers who wish to join this program.
Savings and investments
This platform allows clients to plan their retirement savings, similar to Manulife. Please note that the minimum contribution in the Pillar 3a system is one Swiss franc. There are no deposit and term requirements. Thus, users can choose the amount of their pension payments themselves.
There is a built-in calculator that helps to determine the optimal amount of contributions. This deposit is not taxed. You can choose which part of your savings you want to invest in securities and at what annual percentage. The app evaluates risk levels and notifies you of them.
This service charges a 0.45% commission for holding securities.
Features
- is intended for residents of Switzerland;
- it is necessary to create a Pillar 3a account;
- users can manage their savings and invest them in securities;
- there are no deposit and term requirements;
- app is free to download and use;
- compatible with current Android versions.
