The Indian retirement space is continually evolving. Regulatory change around statutory benefits such as the Provident Fund is a constant. Further changes lurk on the horizon too, with changes likely due to the imminent new labour codes. In addition, the National Pension System is gradually gaining importance, changing the overall landscape of corporate pension schemes, including both defined contribution (DC) and defined benefit (DB) plans.
We help our clients in India and South Asia, including Bangladesh, Bhutan, Nepal and Sri Lanka, navigate these changes and stay abreast of latest trends. Our solutions help them adopt benefit practices that are market-aligned, compliant, and easy to implement and administer.
Our capabilities in India include:
- Retirement plan strategy and design
- Actuarial valuation services – reporting under Accounting Standards like IND AS19 (IAS 19) / AS15, IFRS and US GAAP
- Retirement Fund Solutions – a holistic advisory on retirement benefit funds (Gratuity, Leave and Superannuation)
- Retirement trust services – Trust review
- De-risking of retirement plans, including Provident Fund surrender
- Vendor assessment and selection
- PF Governance and compliance strategies
- Labour code advisory services
- Consulting on National Pension System (NPS)
- Financial wellbeing strategies
As the leading provider of retirement benefit consulting services to today’s top organisations, we help our clients manage cost, mitigate risks and enhance retirement benefits in a sustainable manner. We are India’s leading retirement brand, providing consulting and Actuarial valuation services to more than 700 companies in India, including 20% of BSE 100 companies.
Why WTW?
>100 Combined years of work experience
700+ Clients receiving retirement service
50 Retirement actuarial professionals in 4 offices
75 Clients in Bangladesh, Bhutan, Nepal and Sri Lanka
5 Qualified actuaries
