Swiss in 2% rate plea

Pension fund association ASIP has urged the government to lower the guaranteed return on pension contributions, insisting that the move is critical to improving the financial health of its members. Earlier this year, the Swiss government decided to leave the rate in question at 2.5%.
“An adjustment to the rate is not appropriate right now, since although financial markets have performed well, the consequences of bearish markets are still being felt,” the government said.
Buoyed by positive equity markets, Swiss pension funds achieved a 6.2% return in the first half of 2005 – their best return since 2003.
Even so, ASIP said the government should reduce the guaranteed return to 2%.

Have your say

You must sign in to make a comment


Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2503

    Asset class: Equities.
    Asset region: Emerging Markets.
    Size: EUR 30m.
    Closing date: 2019-01-31.

  • QN-2505

    Asset class: Real Estate Core/Core-Plus Multi-sector strategy.
    Asset region: Asia-Pacific.
    Size: $ 50m.
    Closing date: 2019-01-28.

  • QN-2506

    Asset class: Currency Overlay.
    Asset region: Global.
    Size: USD 4 bn..
    Closing date: 2019-02-11.

Begin Your Search Here