With Retro-Back to the successful repayment of retrocessions
With Retro-Back, Liti-Link offers an uncomplicated, fast and customer-oriented service. By commissioning Liti-Link, our customers can benefit from Liti-Link's know-how and experience without any financial risk. After the assignment of your claims, Liti-Link begins the reclaim process. Liti-Link will only receive a profit share if the retrocessions are successfully reclaimed. If we are unable to reclaim any retrocessions in your case, you will not incur any costs.
According to current studies, Swiss banks manage a total of around 7.9 trillion Swiss francs in assets, with around 46% of the total attributable to private customers at home and abroad and the remaining 54% in the hands of companies and institutional customers. This makes Switzerland one of the world's leading financial centers and, with a market share of around 25%, can assert itself as the most important financial center for cross-border wealth management (see Banking Barometer of the Bankers Association).
While the aggregate business success of banks in Switzerland continues to rise, a study by Finalix AG shows that Swiss banks received around CHF 4.2 billion in retrocessions in 2012 alone. This corresponds to around 12.4% of the added value in the Swiss banking sector.
Despite several Swiss Federal Court rulings, with the ruling BGE 4C_432 from 2006 already stipulating that investors are generally entitled to retrocessions, and the low willingness of Swiss financial institutions to pay back the collected retrocessions to their customers, huge sums of money expire in favor of the banks every day .
These figures show the great importance of retrocessions for Swiss banks and asset managers and also explain why they stand in the way of attempts to reclaim them. According to reports from our customers, claiming a refund on their own is almost impossible or they are offered a bad deal in order to get the matter out of the way.
Liti-Link specializes in the recovery of retrocessions and has been successfully supporting customers from all over the world in asserting claims against Swiss banks since 2017. In Liechtenstein, Liti-Link also offers the successful model for investors that has been tried and tested in Switzerland: risk-free reclaim, which is based purely on profit sharing. The broad experience from Switzerland was quickly transferred to its smaller neighbor. Liti-Link has successfully reclaimed retrocessions from Liechtenstein asset managers on many occasions in the past.
A profit share for Liti-Link of the net proceeds only accrues if the claim is successfully enforced and depends largely on the amount of the reclaim enforced. If no reclaim is possible, Liti-Link alone will bear all costs incurred. Our customers therefore have no cost risk.
If a reclaim is possible, Liti-Link retains a profit share of 40% of the reclaimed net proceeds and pays out 60% of the net proceeds to its customers. If the net reclaim proceeds are less than CHF 8,000, Liti-Link's profit share is 50%. Liti-Link is therefore always in the same boat as its customers and is always interested in an efficient recovery process and the best possible result.
10 reasons for Retro-Back:
1. Since May 2017, Liti-Link has been successfully reclaiming retrocessions for customers from all over the world who have had or still have personal accounts, numbered accounts, foundation/ company/trust accounts and/or inherited accounts in Switzerland over the last ten years.
2. Liti-Link will only receive a profit share if the unlawfully withheld retrocessions are successfully reclaimed. If retrocessions cannot be reclaimed in your case, Liti-Link will cover the costs incurred. You will not incur any costs if the outcome is unsuccessful.
3. Over 1,700 institutional and private investors have already been supported by Liti-Link in reclaiming retrocessions.
4. Liti-Link knows the arguments of the banks and asset managers and checks whether the waiver argued by the banks and asset managers corresponds to valid case law.
5. You don't have to deal with the complex formalities: Liti-Link checks all the documents for you (deposit regulations, general terms and conditions, etc.) and asserts the claims.
6. As the market leader in the recovery of retrocessions, Liti-Link bears 100% of the cost and litigation risk.
7. Liti-Link is a pioneer in the recovery of retrocessions and contributes to transparent and investor-friendly jurisdiction in Switzerland and Liechtenstein.
8. As a result of the assignment of the claims, Liti-Link can act in its own name and at its own risk. The claims can therefore be asserted from Switzerland and you do not take any risk.
9. Liti-Link stops the limitation period in Switzerland within three working days after the complete contract documents are available.
10. Investors who have existing or netted business relationships with Swiss or Liechtenstein banks and asset managers are supported by Liti-Link.