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A Lombard loan is an advance secured against your securities portfolio: it provides liquidity without selling the assets or interrupting their return. Its appeal rests on two conditions: a borrowing cost below the portfolio's expected return, and the tax-deductibility of the interest. Yet interest on private debt is deductible only up to the taxable yield of one's assets, plus 50,000 francs (art. 33 LIFD). When rates rise and that deduction narrows, the advantage fades. The b

A buy-back into your occupational pension fund (2nd pillar) is fully deductible from taxable income in the year of payment (art. 79b para. 1 LPP), up to the buy-back capacity calculated by your pension institution. In return, art. 79b para. 3 imposes a lock-up period: no 2nd-pillar capital may be withdrawn within the three years following a buy-back, on pain of having the deduction reversed retroactively. A pension drawn as an annuity is not affected. Buy-back capacity reflec

SwissPensionAdvisors and NewOak have formed a partnership for the active management of occupational pension assets: 1e plans, bel-étage structures, vested-benefit holdings and other 2nd-pillar arrangements. The division of roles is explicit — SwissPensionAdvisors structures, PENSEXPERT hosts, NewOak manages. The aim of the collaboration rests on a single idea: to treat pension assets as a component of wealth, not as a compartment managed apart. For most executives, business o