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Individuals and Pension Funds Are Affected by Lower Interest Rates
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The decline in the Swiss National Bank's policy rate in June is beginning to have an impact on banks' small and large customers.Some of the pension institutions are facing negative interest rates.We are again there: the money on savings accounts offers almost more remuneration.The latter fell on average to 0.18% in August after reaching a higher level of 0.82% in the spring of 2024, according to Moneyland.ch's calculations.The interest rate vari…
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