Many of our clients have been asking for, or are concerned about, the impact of COVID-19 on their Swiss pension funds. In our view, other than some tactical asset allocation decisions, there’s no need for panic.
The short-term will bring some pain through investment returns and lower interest rates, but the challenge for Swiss pension funds remains one for the long-term.
Corona virus: Canton of Zug extends a safety net for Zug businesses.
Switzerland, and thus also Canton Zug finds itself in an extraordinary situation. With the various restrictive measures taken by the Confederation to combat the coronavirus, the population and businesses of Zug are confronting a major endurance test.
As a company operating or a group headquartered in Switzerland, you should consider the following short-term measures (in Switzerland and abroad) to protect your global cash tax position in these unprecedented times.
We didn’t have any tickets for the circus performance and it was sold out. Reason dictated it wouldn’t make any sense to go to the venue and ask for a ticket at the counter. It was November, it was cold and rainy. To watch a movie at home seemed like the better solution. We went anyway.