Article in “Investment & Pensions Europe (IPE)”, June 2015

Talking Heads: Ask the experts

Switzerland suffered a currency shock this January after the Swiss National Bank’s decision to abandon its euro peg. Investors are grappling with negative bond yields and interests rates on cash deposits. This situation has sparked fears that the second-pillar could come under strain given rising liabilities, a high statutory conversion rates for annuities and low expected returns on assets. But overall funding levels are high and Inflation is low so the picture is not that bleak. IPE asked experts to assess the situation and share their thoughts for the future

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