So good, it was the Swiss pension funds since the financial crisis. According to a study by the Swiss Canto of the coverage is in the case of private-law funds, on average, to 117.5 percent, slightly under the number in public law 111 percent. Almost 96 percent of the private-law pension funds are covered to at least 100 percent.
Means that The existing money in the pension Fund is sufficient to cover all pension entitlements. In the case of the public, according to the estimates in the study, something over 90 percent.
This are good news for all Insured persons. And come unexpectedly. “The year has been extremely extraordinary,” says the pension Fund study Director of Swisscanto, Marcel Baumann. We have expected in the past year, the volatility will increase. So, more fluctuations in the markets were expecting, with a corresponding impact on the pension funds, which funds create. “This volatility has now hit on the positive side,” says Baumann. Experts expect, according to Baumann, in order that it might go in the future with a jerk up or down. Therefore, it would be a mistake in elation to break out.
Suddenly, the Reserve path
can beat How quickly the pendulum back, shows the example of the recent financial crisis. In 2006, the coverage was, according to Baumann at 113.7 percent. Two years later, the coverage ratio stood at 96.7 per cent. This could also happen today, depending on the economic situation, says Baumann.
have, However, proved to be the pension funds as robust. “The pension funds have weathered the crisis very well,” says Baumann. The forecasts at that time had been far worse than it is, in fact, came out. “This shows that the second pillar, as it exists today, is a secure Pension,” says Baumann.
hopes for participation
The Insured person can make in this year in hopes that you can benefit from the good business of the funds. Because of the height of the coverage ratio is the average of the objective of the private sector pension funds in the case of 117,1 per cent.
you Would be able to at the end of the year, really high Numbers, such as today show, expected to Baumann that the Insured benefit from it. So that the pension funds active insured person according to the extraordinarily good result to participate.
a Good climate on the stock exchange
Also, Christoph Ryter of the Migros pension Fund has been surprised by the Performance this year. This was with the pension Fund of the Migros at the Moment, with a Plus of 9 per cent since January. “We would have never thought of that,” says Ryter. The reason is that The negative interest rate environment has actually, the predictions are gloomy for this year. But from the good climate on the stock exchanges and also in the case of real estate, which would continue to yield high returns, it would benefit the pension funds.
The Outlook for the next year, according to Ryter less positive. “Due to the continuing low interest rate environment, we expect that the Performance will be in the next year as good as this year.” However, he adds that pension funds are not in your expectations and aware careful in order not to endanger the assets of the Insured. “Gains are easier to distribute than losses,” says Ryter.
Created: 25.10.2019, 15:28 PM
