Swiss pension funds have coped well with the effects of COVID but the pension system needs to be brought up to date.
- The capital-weighted average funded ratio has risen to its highest level in 20 years
- Pension funds are being forced to lower their conversion rates
- Switzerland is falling further behind in international occupational benefits indices
- The country is caught between the conflicting requirements of sustainable financial viability of the system and the adequacy of pension benefits
Read the full article by Andreas Rothacher (head of research and business projects) and Oliver Gmünder (Head of Relationship Management) about the situation of Swiss pension funds in IPE’s Country Report Switzerland as of November 2021.