The foundation's purpose is to provide tax-privileged tied pension provision (pillar 3a) as defined in Article 82 of the Federal Act on Occupational Old-Age, Survivors' and Disability Pension Plans (BVG). The connection to the foundation is established through the conclusion of corresponding pension agreements with individual private persons. The foundation can arrange risk benefits to cover the risks of death and disability for pension beneficiaries with an insurance company supervised by the Swiss Financial Market Supervisory Authority (FINMA). In this context, the foundation acts solely as an intermediary and not as a contracting party to any risk insurance contracts. In the event of a claim, there is no entitlement to benefits against the foundation. Its activities extend to the entire territory of Switzerland.