US - The average Swiss pension fund tipped over the 100% funding mark in the first quarter, up 10 percentage points from a year earlier, according to Swisscanto's Pension Fund Monitor.
However, a fifth of all funds are still underfunded with 55% of all public sector schemes below full funding, and 15% of private sector schemes. Public pension funds have a coverage ratio of 93....
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