UBS Outlook Switzerland: Pension Funds, Market Conditions - Two Major Sources of Uncertainty for Swiss Economy in 2020
February 01, 2020
February 01, 2020
NEW YORK, Feb. 1 -- UBS, a financial services provider, issued the following news release:
* * *
- Despite the Phase 1 deal between China and the US, global uncertainties with regard to economic policy are hampering the Swiss economy this year. In the long term, the uncertainty about retirement provision, especially pension funds, could even cause economic growth to suffer in Switzerland, unless long-term systemic changes are implemented.
* * *
. . .
* * *
- Despite the Phase 1 deal between China and the US, global uncertainties with regard to economic policy are hampering the Swiss economy this year. In the long term, the uncertainty about retirement provision, especially pension funds, could even cause economic growth to suffer in Switzerland, unless long-term systemic changes are implemented.
* * *
. . .