Selma Finance

Selma appeals to customers who want their pension savings invested automatically and at low cost. A questionnaire determines the risk profile, after which Selma manages the portfolio automatically and adjusts it as markets shift.

For financing a home, the 3a account with Selma can be used as a source of an early withdrawal. Customers have to initiate the withdrawal or the pledge through customer service; the process is a bit less automated than with pure app-based providers like VIAC. Selma charges an annual fee of 0.48 to 0.68 percent depending on portfolio size.