This Decision is designed to ensure that asset managers are not tempted to invest their clients’ assets in the products offering the asset manager the highest commission payback.
Liberty Pensions has without a doubt been ahead of the times in pioneering compliant practice long before and irrespective of the Supreme Court Decision: although it is not standard practice in the banking industry, Liberty Pensions discloses all “paybacks” received from third parties and credits any and all such amounts received to the client.
We have practiced this transparency from the outset; it underscores our business philosophy as a professional, innovative and independent company well-established on the Swiss occupational benefits market. Successful, long-term cooperation with our private clients and business partners is essential if we are to continue honouring our commitment to flexible, tailor-made solutions and pursue our growth in the future.