SWISS MOBILIAR, LEONTEQ AND BANK CLER START COOPERATION IN THE LONG-TERM SAVINGS MARKET

Swiss Mobiliar, Leonteq and Bank Cler start cooperation in the long-term savings market.

Swiss Mobiliar, Switzerland's oldest private insurance company, and Leonteq AG (SIX: LEON) signed a cooperation agreement for the development and provision of modern insurance products combining guarantee-based components and innovative investment elements. Leonteq supports Swiss Mobiliar with its technology platform in the design and implementation of corresponding products.


As part of the cooperation, Swiss Mobiliar will offer a fixed-term incomedrawdown plan to its retail clients in Switzerland. The product offers a secure income, with the guarantee provided either by Mobiliar itself or by Bank Cler AG (SIX: BC), depending on clients’ choice. The market launch is planned for November 2017.


Thomas Boyer, Head of Life & Pension Products at Swiss Mobiliar: "We aim to offer attractive, flexible and secure pension solutions to our customers and are confident to have found the right partners with Leonteq and Bank Cler."


Jochen Kühn, Head of Insurance & Wealth Planning Solutions Leonteq: "We are delighted to support Swiss Mobiliar as a partner in the development of client centric guarantee solutions. Our digital platform allows for a highly competitive offering despite the challenging interest rate environment."


Dr. René Saluz, Member of the Executive Committee: "Swiss Mobiliar’s product is ideal to diversify Bank Cler’s refinancing needs, while customers are able to rely on a Partner with Swiss roots and a solid capital base."