SWITZERLAND - Pension funds returned 4.2% in 2004, a result that was labelled "barely acceptable" by the Swiss Association of Pension Funds (ASIP).
“The situation for the pension funds remains strained due to the low level of market fluctuations reserves,” ASIP said in its semi-annual assessment of 71 pension funds with CHF131bn (e84.5bn) AUM....
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
