Aging Swiss Face Pension Funding Dilemma on Immigration
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Simon Biddle has been a precious metals broker in Switzerland for 17 years. For him, growing old in the Alpine nation was never in the cards.
“I’ve enjoyed living in Switzerland,” said Biddle, 46, who’s returning to work in his native U.K. this summer and never learned German during his time at Cosmorex AG in Thalwil on the outskirts of Zurich. He moved to Switzerland “basically looking for a job” after Lehman Brothers Holdings Inc. closed down its precious metals desk in London. “I definitely have no intention of retiring here.”