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At the end of December 2021, Frankly had around 50,000 customers and total assets of 1.1 billion francs. (KEYSTONE/Christian Beutler) KEYSTONE/CHRISTIAN BEUTLER sda-ats
This content was published on January 15, 2024 – 10:25 am. January 15, 2024 – 10:25 am
(Keystone ATS)
The digital pension solution Frankly from Zürcher Kantonalbank (ZKB) has achieved assets under management of over 2.5 billion francs. More than 95,000 people use the bank to manage their Type 3a pillar or their vested benefits pensions.
The application, launched in March 2020, also reduced “all-inclusive” fees to 0.44% due to the increase in assets under management, said a press release on Monday.
The expansion of the product portfolio, particularly in the area of vested benefits, and the introduction of a web version partly explain the increase in earnings of the subsidiary of Switzerland’s largest cantonal bank.
At the end of December 2021, Frankly had around 50,000 customers and total assets of 1.1 billion francs.
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