Court expert opinion confirms misleading information in sales documents.
In the context of the damages proceedings conducted against Swisslife (Liechtenstein) AG due to the overall product of the Swisslife Pension Plan sold by Swisslife (Liechtenstein) AG, the court-appointed expert has now come to the following remarkable conclusions, among others, in his expert opinion:
- The expected performance stated in the sales documents is misleading and the customer comes to false conclusions on the basis of these documents.
- The calculations made in the sales documents were based on unrealistic assumptions.
- The actual costs incurred in the product were significantly higher than the costs stated in the sales documents.
- The running costs charged were not evident from the sales documents.
- The product sold is unsuitable for people who are dependent on this type of retirement provision.
The results of the expert opinion thus confirm the grounds put forward by the plaintiff for asserting the claims for damages