“Last year, Swiss pension funds recorded losses, but this return averaged in the first half 4.6%, with all asset classes performing well this year, according to a recent report by the occupational pension supervisory commission OAK BV.
Despite negative returns, last year the average interest rate was 1.71%, well above the minimum 1%, thanks to reserves accumulated in the past by pension funds to fend off capital markets volatility, according to a report published by consultancy PPCmetrics.”