SWITZERLAND - The largest Swiss trade union Schweizerischen Gewerkschaftsbund has rubbished the Swiss Federal Council's argument for not raising the minimum interest rate guarantee for occupation pensions.
The council announced the rate was to remain unchanged at 2.5%, following negative return on investments over the first half of the year. The positive turn in the equity markets last year did no...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date