Articles

You are here: Home / Commitment / Articles

Our employees regularly communicate in the media
on subjects related to occupational benefit planning.
A fundamental part of our company culture is
embodied in this popularisation of occupational
benefit planning concepts.

Article by Stéphane Riesen and Marc Fournier (in HR Today, in French). According to Stéphane Riesen and Marc Fournier, two specialists from Pittet Associés, the current general downward trend in conversion rates not only has an impact on pension funds, but also has real consequences for a company’s human resources, particularly in terms of early retirement.

Read the article in PDF format

Roundtable with David Pittet (in HR Today; in French). Three experts on the LPP [Federal Law on Occupational Old-age, Survivors’ and Disability Benefit Plans], among them David Pittet, CEO of Pittet Associates, debate the challenges ahead for occupational benefit plans in Switzerland: lower conversion rates, longer life expectancy, the new Article 1 OPP2 [Ordinance on Occupational Old-age, Survivors’ and Disability Benefit Plans] (in force since 2015), increasingly expansive regulations, and digital transformation.

Read the views exchanged during the debate on the HR Today website.

Interview with Stéphane Riesen (in L’Illustré, in French). According to Vaud actuary Stéphane Riesen, an occupational pension insurance expert and deputy CEO of Pittet Associés, the euphoric years of occupational pension plans are a thing of the past. The system, however, still makes perfect sense in his view, provided it adapts to the new demographic and economic parameters.

Read the artikel on the L’Illustré website

Article by David Pittet (in L’AGEFI, Supplement Indices). On 24 September 2017, the Swiss people rejected the Pension Reform 2020. An unholy alliance enabled a slight majority to block a reform that would have given the Swiss retirement system a break of 10 to 15 years. So yes, this really is a “Black Sunday” for the Swiss people.

Download in pdf format

Article by Laurent Pittet (in Prévoyance Professionnelle Suisse). Article 51a of the LPP Law on occupational pension schemes stipulates that the foundation council, ‘the supreme body’, must ‘define the group covered by the insurance and ensure that they are kept informed’. Accordingly, the council plays a central role in the institution’s communications and in the way it communicates with its various stakeholders, its policyholders first and foremost.

Download in pdf format

Conversation with Stéphane Riesen (in Prévoyance Professionnelle Suisse). Four years on from when the law came into force requiring public pension funds among others to be 100% funded within 10 years or, where there is a State guarantee, at least 80% funded by 2052, the debate about this kind of pension scheme is far from over. Stéphane Riesen believes the 100% coverage ratio is not essential.

Download in pdf format

Article by Florian Magnollay and Stéphane Riesen (in Prévoyance Professionnelle Suisse). Some pension funds view variable annuities as a way of stopping the transfer of funds from active members to annuitants. However, the introduction of models of this kind raises numerous questions and could undermine investor confidence.

Download in pdf format

By Olivier Kern and Simone Stahl-Hopf (in Prévoyance Professionnelle Suisse). The benefit target for occupational pension plans (the so-called 2nd pillar of the Swiss social insurance system) has been set at 34% of final insured salary. With current LPP pension credits and conversion rates, this benefit target will be achieved at the end of a full (40-year) working career provided certain assumptions hold true. Let’s examine to what extent this has been the case since the LPP law relating to occupational pensions has been in force.

Download in pdf format

Article by Olivier Kern and Simone Stahl-Hopf (in Prévoyance Professionnelle Suisse). When an employer or pension provider ends an affiliation agreement, the pension provider usually has to effect a partial wind-up of the scheme. If the withdrawing employer also guaranteed pensions to existing pensioners through the same scheme, then the question arises as to what will happen to them.

Download in pdf format

Discussion between Jean-Daniel Delley, retired professor at the University of Geneva Faculty of Law, and David Pittet, Managing Director of the Pittet Group. The exchange revolves around the present condition and future direction of the Swiss pension system. This provides an opportunity for David Pittet to set forth a pragmatic approach to the issue and to offer quite an encouraging assessment of the true state of our occupational pension-planning system or “Second Pillar”, as it is known.

Download in pdf format

Debate between Martin Janssen, one of the directors of Ecofin, and Olivier Kern, a director of Pittet Associates, on the state and future of occupational pension planning (in Le Temps) In the opinion of Olivier Kern, the pension-planning situation is not as critical as some would have us believe. Remedies exist. So what he prescribes, amongst other things, is more transparency, more competition and a resolute paring back of the bureaucracy that is so detrimental and costly to the sector as a whole.

Download in pdf format

By Irène Obielum (in AWP Soziale Sicherheit) Effective communication is becoming more and more important for pension funds. And it goes far beyond satisfying minimum legal requirements. Good communication requires systematic planning based on corporate strategy, according to Irène Obielum, a consultant at Pittet Communication, SA.

Download in pdf format