Swiss pensions bankrupt by 2025: US Social Security by 2030
Nobody would imagine that the SFr 800bn ($840bn) Swiss pension scheme could go bankrupt. But Swiss pension experts suggest it “will be bankrupt within 10 years (without)…a radical overhaul of the retirement system.” The problem is simple – a combination of low/negative interest rates and an increase in life expectancy. A major analysis in the Financial Times … Continue reading Swiss pensions bankrupt by 2025: US Social Security by 2030
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