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Swiss central bank washes hands of role in pension funds' woes

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The Swiss National Bank has downplayed the impact of its policies on the country’s beleaguered pension funds, arguing that a “major part” of the system’s problems were of a “structural nature”.  SNB president Thomas Jordan, speaking at a University of Lucerne event earlier this week, said the true cause of…

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Click here to read the full story: Investment & Pensions Europe

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