How do I get the most out of my pillar 3a?

Nowadays, banks pay very little interest on 3a accounts. However, a 3a solution that invests in securities can generate significantly higher returns. Many banks offer these types of solutions. These are often actively managed funds which charge high fees of 1.5% or more. Then depending on the provider, there are also transaction costs, custody fees and issuing commission. You can get more out of your third pillar with a passive solution that invests in indexed funds, such as ETFs.