Swiss funding levels on the rise

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SWITZERLAND - The 30 largest listed Swiss companies have increased their pension scheme funding levels up to 88%, but are still far short of the fully-funded status they enjoyed before the financial crisis, research from Towers Watson shows.

The study found the funding level improved from 85% to 88% in 2009, with 13 out of 30 companies in the Swiss Leader Index (SLI) being at least 90% funded by the end of the year. The funds had combi...

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