Industry association proposes Swiss revamp


A proposed overhaul of Switzerland's pension legislation will be put forwards by the Association Suisse des Institutions de Prevoyance (ASIP), the industry body, on 13 April. The proposal seeks to update and simplify the so-called BVG law on occupational pensions, which was introduced in 1985.

According to Hans Ender, president of ASIP, it will also make directors of pension funds more accountable for their decisions and introduce more flexibility for funds to decide what rate of interest to

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