17.10.2017

SSPA intensifies efforts to include structured products in pension funds

Useful information about the benefits and efficient deployment of structured products remains high on the agenda for the work of the Association. And this not just by setting technological industry standards, as we successfully did with the launch of the “SP Portfolio Optimizer”, which the Association has developed further and added new feature. But also in the field of regulatory changes in Switzerland. The Association therefore holds talks with regulators, and contributes actively to the discussion concerning FIDLEG and FINIG.

The industry has also been focusing on MiFID II. Dedicated chat platforms and working groups are discussing critical aspects and providing guidance. The pension fund initiative has also made good progress. “Structured products and pension funds” was the motto of the annual get-together of the Swiss and international structured products scene staged at the beginning of September in Lucerne. Situation analysis: pension funds use a shockingly low number of structured products, despite the fact that more would be possible from a legal perspective. The fact is that key decision-makers often lack the necessary knowledge. The SSPA engages in regular exchanges with the OAK, and is looking to raise awareness within the relevant professional bodies. The input developed in Lucerne will support this objective.

Now with 34 members, the Association is successively expanding its base not just in German-speaking Switzerland, French-speaking Switzerland and Italian-speaking Switzerland. The Committee has also acquired a new member on the buy-side. This means that our eight buy-side members also have a voice at Committee level. In this conjunction, we welcome the Committee members Sylveline Besson, CA Indosuez (buy-side) as well as Valentin Vonder Mühll, Julius Baer (Issuer) and David Schmid, Leonteq (issuer), who were newly elected at the meeting of delegates. You will find further structured product news in the current Newsletter.

Georg von Wattenwyl, SSPA Chairman

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