More than £2.85bn languishing in Swiss pension accounts

clock • 3 min read

A growing and significant number of people in the UK are seeking to recover around £2.85bn (almost CHF 3bn) "languishing untouched" in dormant pension accounts in Switzerland, it has been revealed. DeVere United Kingdom and deVere Switzerland, part of deVere Group which does business in more than 100 countries globally, say the trend has soared in the recent months. Daniel O'Leary, deVere area manager in Zurich, commented: "It's known that there are more than 630,000 dormant pension accounts in Switzerland which have been left with no instruction by the account holder. This could just...

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.