Pax FondsStar in focus: Flexible pension provision for a new generation

Last week, thebrokernews had the opportunity to take part in the presentation of a new product at a Pax broker event. With the new “Fondsstar”, Pax is focusing on optimization and innovation. The product combines low-cost investments with a high degree of flexibility, making it an offering that meets the needs of a price-sensitive and future-oriented clientele.

The previous fund plan becomes FondsStar with a new approach. The move is more than just a name change: Pax has taken the experience of insurance brokers from previous years and translated it into a new, significantly more flexible pension product. “We have improved the existing product, which is already very good, even further,” says Perry Streit, Head of Broker Center at Pax.

Price sensitivity as a key factor

Pricing is a key element. Young customers in particular are paying more attention to costs and transparency these days. “Today’s young customers are much more price-sensitive than they used to be, which is why we wanted to create a product that is really competitively priced and can hold its own on the market,” says Streit. Pax is thus consciously positioning itself with a product that is not only yield-oriented, but also reasonably priced and therefore remains marketable.

Flexibility in terms and reallocations

Particular attention is paid to flexibility: customers can have their funds automatically restructured up to five years before maturity. This option reduces the risk of losing a large part of the accumulated assets at the end of the term due to a stock market crash. “If there is a stock market correction at the end of the term, you lose much more than at the beginning. That’s why we’ve built in something to minimize losses in the final years,” Streit continues.

Provision until 70 – Working through the ages

The world of work is changing and many people want or need to stay in employment for longer. Pax takes this trend into account: contracts can now be concluded up to the age of 70. This is an important step in view of increasing life expectancy and the debates surrounding retirement provision.

Cooperative values at the center

As a cooperative, Pax thinks differently: profits do not flow to shareholders, but back to the customers. Anyone who takes out a policy also becomes a co-owner. This means that the entrepreneurial responsibility remains clearly with the policyholders themselves.

Two funds at the start – with expansion prospects

Fondsstar is starting with two fund variants, but this is just the beginning. “We are starting with two funds, but will offer additional investment strategies in the next expansion phase,” says Streit. The aim is to serve different risk profiles and investment interests in an even more targeted manner.

Security through interim risk insurance

Even in difficult times, your pension remains protected: With the integrated interim risk insurance, contributions can be temporarily suspended without losing insurance cover, for example in the event of job loss, illness or parental leave. “You remain insured even if you are unable to pay the savings portion. This is unique and integrated into all our products,” explains Perry Streit.

FondsStar thus represents a new generation of pension products: flexible, cost-efficient and firmly anchored in the cooperative values of Pax and has been in use since September 29, 2025.

Binci Heeb

Read also: Pax receives two awards: “Family Score Award 2025 – 2027” and “Best Employer 2025”