Latest news and analysis of pensions, asset management, regulation and trends in Switzerland from our award-winning journalists.
Schemes will likely continue to anchor Swiss and foreign real estate to investment strategies
Dedicated team to supervise UBS after takeover of Credit Suisse will focus on capital, liquidity, risk management
AMAS and Swiss Sustainable Finance will publish the Swiss Stewardship Code in October
Our report on Swiss pensions also looks at the growing demand for so-called 1e plans, additional pension vehicles for higher earners. The 1e sector is ripe for consolidation, like the market for multi-employer pensions (Anlagestiftungen), where the federal regulator is concerned about a build-up of complexity and supervisory risks. We also cover the annual survey of the consultancy Complemeta and assess Swiss pension funds’ asset allocation plans.
The reform would make an important contribution to support the three-pillar pension system model, the association says
PPCmetrics recorded for the first time rise in average technical interest rate
Government report rejects automatic mechanisms, prepares ground for further reform
Federal occupational pension commission wants to send the message that ‘1% is flexible’, says president
Complementa also says one in five pension funds plan to increase their bond allocation
To protect beneficiaries of both pension schemes, a precondition for the merger is that the pension funds have at least in principle an ‘equal’ funding ratio
FRR and PUBLICA are among the growing number of European pension funds developing proprietary benchmarks to achieve their sustainability objectives
The workplace pension system reform must clear the final hurdle of a national referendum and Pensionskassen will have to start to follow new guidelines on ESG
Regulations currently in place in the second pillar pension system should not be changed to create incentives for sustainable investments
The level of benefits continued to fall, from 58% to 55% of the insured salary, below the original level of 65%
The scheme allocated CHF100m for impact investments in infrastructure
Plus: Swiss scheme to increase bond investments; BaFin strips asset management licence fom Adrealis; German pension dashboard adds three providers
High fees, questionable added value and governance among reasons for the rethink
Plus: Universal Investment starts US equity fund with Montrusco Bolton; Ecclesia buys Pension Solution Group
From next year, members of the pension fund can receive a pension benefit at age 65 that exceeds the normal level of pensions by around 15%
It will also establish a climate risk-management framework for investment opportunities that will be integrated in its sustainable investment policy
Plus: BaFin lays out classification method for pension funds’ assets according to SFDR
Plus: Pension schemes’ funding ratios of DAX, MDAX companies continues to rise; BaFin shows shortcomings on risk reporting; Swiss fund market’s volume shoots up
The scheme completed a climate impact analysis in addition to a carbon footprint and transition pathway study to gauge climate risks
Plus: WTW warns of liabilities for Swiss corporate schemes; GDV’s report on occupational schemes, insurers; Institutional investors back KKA Partners fund