03.04.2024
23.04.2024
As your funds are invested in securities, they are not exposed to finpension’ s bankruptcy risk. The securities are merely held in trust by finpension but are not on finpension’ s balance sheet. Furthermore, cash balances at finpension are protected up to CHF 100,000 by the deposit guarantee, just like at a bank.
Yes, cash balances at finpension are protected by the deposit guarantee.
finpension is licensed as an account-holding securities firm and is directly subject to the Swiss Financial Market Supervisory Authority FINMA.
By restricting withdrawals to a verified reference account, the finpension app is more secure than using e-banking, where payments can also be made to non-verified accounts.