SWITZERLAND - The majority of Swiss pension schemes failed to meet the 2.5% minimum guaranteed interest rate last year, exposing flaws in the Swiss system, according to Watson Wyatt.
The Association of Swiss Pension Funds (ASIP), in conjunction with Watson Wyatt, surveyed 74 of the country's largest pension schemes, with a combined total of CHF176bn (US$167bn) in assets. Th...
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