How are my investments protected and what happens if Pensionfriend or the partner companies involved go bankrupt?

We do not hold your assets, the assets are held by our cooperation partner Liechtenstein Life, which is based in Liechtenstein and is therefore subject to Liechtenstein national laws.

This is a great advantage for you because this means in case of insolvency your assets must be managed as special assets according to Liechtenstein's bankruptcy code and are therefore transferred to you, nobody else can touch them. (see article 59 (1) of the Liechtenstein Insurance Supervision Act).

This is unlike in Germany, where these assets would just become part of the insolvency estate.

Learn more about how your investments are protected as special assets.