Swiss Life and bank zweiplus have signed a cooperation agreement for the Swiss market. This will enable Swiss Life to extend its range of savings and investment products and replace the former platform operated through Banca del Gottardo. The cooperation is due to begin on 1 October.
Swiss Life aims to reinforce its services to customers shortly before or after their retirement, a time when their need for financial security and suitable investments is particularly pronounced. To do so, it is extending its range of savings and investment products and is set to cooperate with bank zweiplus in Switzerland. bank zweiplus, a joint venture of Bank Sarasin and AIG Private Bank, is a custodian bank specialising in settlement services. It will assume the administration and settlement of Swiss Life’s savings and investment products in the Swiss market. Besides enabling Swiss Life to extend its range of services, the cooperation allows the company to replace the platform for savings and investment products it formerly operated through Banca del Gottardo. As before, the products will be distributed by Swiss Life’s own sales organisation under the Swiss Life brand. The cooperation will begin on 1 October 2008.

Paul Müller, CEO Switzerland at Swiss Life: “The cooperation with bank zweiplus presents us with an ideal platform to again expand our range of financial products.”

The roughly 30 000 holders of a Swiss Life savings and investment product will be informed of the forthcoming change of custodian bank in good time. bank zweiplus will continue to manage their accounts at the same conditions as before.


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Swiss Life
The Swiss Life Group is one of Europe's leading providers of life insurance and pension solutions. The Group offers individuals and corporations a broad range of products combined with comprehensive advice through its own sales force as well as brokers and banks in Switzerland, France and Germany. It provides internationally operating corporations with employee benefits solutions from a single source, and is among the global leaders in structured life and pension products for high net worth individuals with its centres of competence in Luxembourg, Liechtenstein and Singapore.

Swiss Life is the majority shareholder of the Hanover-based AWD Group, one of Europe's top financial services providers for the medium- and high-income customer segments. AWD offers its clients independent financial advisory services. It employs over 6300 financial consultants in ten European countries.

Swiss Life Holding, registered in Zurich, was founded in 1857 as Schweizerische Rentenanstalt. The shares of Swiss Life Holding are listed on the SWX Swiss Exchange (SLHN).
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