All four foundations – Liberty Foundation for Vested Pension Benefits, Liberty Foundation for 3a Retirement Benefits, Liberty BVG/LPP Collective Foundation and Liberty FlexInvest Foundation – developed well in the first six months of 2011. The number of active clients increased by some 16% in the four foundations, to about 5,800 persons altogether.
Pension assets also increased in all four foundations, rising 12% to approx. CHF 560mn.
Liberty Foundation for Vested Pension Benefits was founded in 2005, followed by Liberty Foundation for 3a Retirement Savings in 2008. Liberty BVG/LPP Collective Foundation and Liberty FlexInvest Foundation were both established in 2009.