Leonteq and Glarner Kantonalbank Introduce New "bench" 3a Pension Savings Solution

Leonteq AG, in partnership with Glarner Kantonalbank, announced the launch of "bench," a pioneering 3a pension savings solution, on March 4, 2024. This innovative offering in the Swiss retirement market merges the potential for higher returns with a guarantee on the paid-in assets at retirement. The "bench" solution is described as the first of its kind, aimed at safeguarding savings while providing a chance for increased gains relative to traditional 3a savings accounts.

"bench" is powered by Leonteq's SIGMA technology platform, enabling efficient management of pension deposits. It also features a mobile app for user convenience. Designed for scalability, the solution allows for future partnerships with other banking institutions. Bench Services AG, a joint venture by Leonteq and Glarner Kantonalbank, manages the digital marketing for "bench," reflecting a synergy of technological and banking expertise from both entities.

Lukas Ruflin, CEO of Leonteq, emphasized the collaborative effort in creating "bench," highlighting the blend of technological innovation and banking know-how. Sven Wiederkehr, CEO of Glarner Kantonalbank, pointed out that "bench" simplifies growing pillar 3a assets, offering a worry-free strategy for savings growth until withdrawal.

For additional details, interested individuals are encouraged to visit www.bench.ch.