Thursday, March 30, 2023

Unaddressed funds at the BVG reception facility

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At the end of 2022, 62 percent of the 1.4 million vested benefits accounts managed by the BVG Substitute Fund were contactless. There are 5.6 billion francs in these accounts, 34 percent of the total assets under management of 16.2 billion francs.

But contactless does not mean forgetting, Séverine Jagmetti, spokeswoman for the Substitute Facility Foundation, clarified at the request of the Keystone-SDA news agency. Funds and owners usually find their way back together at some point.

Because the social security number, name and date of birth of the owner are known to the foundation. Only the address is missing or is no longer up-to-date. (SDA)

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