The challenge facing employers is what type of pension arrangement to provide. Their chosen arrangement must be sustainable, cost effective and avoid exposing the sponsor to unacceptable financial risks. At the same time, it should be valued by employees and provide sufficient retirement savings to allow and support retirement for an ageing workforce.
At Willis Towers Watson, we can help you to conduct a strategic evaluation in order to find the right way forward. We recognise there is no one-size-fits-all solution, and we have vast experience of developing tailored solutions for employers. In many cases, we work with an employer to ensure that future pension design reflects both the long history and features of their organisation, but also the current and future challenges they will face. We can work with you at all stages of the process, from a strategic pension review, to delivering and communicating the solution to employees and other stakeholders.
Willis Towers Watson helps clients consider their retirement strategy and design, including:
- A strategic review of existing benefit arrangements
- Pension plan design and re-design
- Plan design implementation including communication and change management
- Management and implementation of projects.
Find out how Asset Liability Suite can help you better manage your pension scheme costs and risk.
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Title | File Type | File Size |
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Supporting pension change | 4.2 MB |