Pensions in Switzerland Report – Page 5
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Country Report
Switzerland: A home game
An emphasis on domestic investments has left Swiss Pensionskassen with relatively stable returns. Jonathan Williams asks if there are opportunities outside traditional domestic fixed income, equity and real estate
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Country Report
Switzerland: Securities lending in focus
Only months before legislation on executive pay and shareholder voting comes into force, Jonathan Williams finds an industry uncertain about whether it will be forced to vote shares, and how new rules will affect securities lending
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Country Report
Switzerland: And now for the details
Switzerland’s AV2020 reform programme remains contentious and politically charged, according to Barbara Ottawa. But some are still holding out for a depoliticisation of the process
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Country Report
Switzerland: A dying breed
Smaller companies are pulling out of pensions thanks to cost, regulation and demographics. Barbara Ottawa charts the trend
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Country Report
Switzerland: Solidarity put to the test
Peter Zanella assesses the hurdles pension funds must overcome when considering a variable pension model
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Country Report
Switzerland: A mountain of problems
The challenge of applying IAS 19 to Swiss pension provision is a burden that the IASB has done little to ease. Stephen Bouvier reports
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Country Report
Switzerland: East-west divide
There is a clear difference in the level of funding of public pension schemes across Switzerland, Nina Röhrbein finds
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Country Report
Switzerland: A change of direction
The existing second pillar remains a holy cow in the Swiss social system. But it seems increasingly possible to convince members that there is no alternative to variable pension payouts, Barbara Ottawa finds
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Country Report
Switzerland: Investment challenges persist
Gail Moss asked leading commentators for their views on the asset allocation challenges currently faced by Swiss pension funds
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Country Report
Switzerland: Is factor-based allocation new?
Factor-based allocation may be theoretically interesting for Swiss pension funds but it is hard to implement in a practical way, according to Lukas Riesen and Diego Liechti
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Country Report
Switzerland: 2020 is getting closer
There have been quite a few recent changes to the second pillar. But a new reform initiative aims at a more comprehensive approach and is getting the industry’s support, Barbara Ottawa finds
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Country Report
Switzerland: Rights and responsibilities
Nina Rohrbein analyses the consequences for Swiss pension funds, their advisers and asset managers of the referendum on executive pay
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Country Report
Switzerland: Magic number crunching
Swiss pension funds have enjoyed a major recovery in the funding levels over the past months. But the fundamental problems remain, writes Barbara Ottawa
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Country Report
Switzerland: Funds play catch-up
David Pauls and Peter Zanella argue that Swiss pension funds must keep up with underlying economic and demographic reality, and that policy makers should stop moving the goalposts
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Country Report
Switzerland: Smart on beta benchmarks
Swiss pension funds have mostly shied away from alternatively weighted benchmark strategies. Cécile Sourbes finds that adoption will depend on thorough analysis and transparency of data
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Country Report
Switzerland: New challenges for asset managers
Richard Bruyère presents the results of Image & Finance’s latest research covering the institutional market in Switzerland
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Country Report
Switzerland: Cage fight against complacency
Some think the second pillar is perfect, so 17 years ago four people set out to challenge that view with an innovative approach and an international viewpoint. Innovation Zweite Säule co-founder Werner Nussbaum tells Barbara Ottawa about challenges past and present
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Country Report
Switzerland: Transparency required
The current redistribution of funds from active employed members to pensioners can be traced back to structural deficiencies, argues Gérard Fischer. Introducing separate accounting for active members and pensioners would be an effective move
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Country Report
Switzerland: To hedge or not to hedge
Nina Roehrbein finds pension funds facing a dilemma over their currency hedging strategy as the Swiss National Bank maintains its floor to the euro
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Country Report
Switzerland: Design fault
Conflict between active members and retirees, costs and market factors will all drive changes to the Swiss second pillar, according to Barbara Ottawa
