lifePR
Pressemitteilung BoxID: 248408 (VZ VermögensZentrum AG)
  • VZ VermögensZentrum AG
  • Beethovenstrasse 24
  • 8002 Zürich
  • http://www.vzch.com
  • Ansprechpartner
  • Petra Märk
  • +49 (4420) 727-27

VZ Group changes auditor

(lifePR) (Zurich, ) VZ Group's Board of Directors decided to mandate PricewaterhouseCoopers (PwC) as their auditor as of next year. VZ has enjoyed a successful cooperation with Ernst & Young since 2000. The upcoming change of Ernst & Young's auditor in charge prompted the Board of Directors to tender the mandate. This also makes sense from the standpoint of good corporate governance, which suggests a periodical reassessment of the auditor.

VZ Group's Board of Directors expects PwC to be an equally qualified and reliable partner as Ernst & Young. If the change is approved by the Swiss Financial Market Supervisory Authority (FINMA), the Board of Directors will recommend the shareholders to elect PwC as VZ Group's new auditor at the occasion of the next shareholders' meeting on 13 April 2012.

VZ VermögensZentrum AG

VZ Group is an independent Swiss financial service company listed on the SIX Swiss Exchange since March 2007. The company specialises in the areas of retirement planning and portfolio management for individuals as well as in insurance and pension fund management for companies. The services are focused on wealthy private clients aged 55 or older and on corporate clients with more than 20 employees. VZ does not sell any financial products of its own and is not a product broker. Instead, it is financed by consulting fees and management fees. As of 30 June 2011, VZ managed client assets in the amount of 8.1 billion Swiss francs and an annual insurance premium volume in the amount of CHF 272 million. The group employs about 500 people. VZ is headquartered in Zurich and has offices in Aarau, Baden, Basel, Bern, Geneva, Horgen, Lausanne, Liestal, Lucerne, Meilen, Neuchâtel, Rapperswil, Schaffhausen, Solothurn, St. Gallen, Thun, Winterthur and Zug as well as in Munich, Dusseldorf, Frankfurt and Nuremberg.