Recent developments in the area of pensions provision have created many challenges for companies offering pension benefits. Today, employers and trustees face various issues, including:
- The affordability of providing Defined Benefit promises to employees and the impact of funding for these benefits on company finances.
- Complying with the additional requirements placed on trustees and employers by the Occupational Pension Schemes Regulations 2005 introduced in September 2005.
- Addressing the changing pension landscape for high earning employees, as a result of limits on maximum retirement funds introduced under the Finance Act 2006
- Identifying cost saving opportunities in relation to pensions.
The Pension Solutions Group (PSG) within PricewaterhouseCoopers is comprised of experienced actuaries, pension managers and tax specialists who take an integrated approach to helping clients address these issues and how they impact on their business.
Our multidisciplinary team advises employers and scheme trustees on pensions and associated benefits. We combine actuarial and pensions management skills with accounting, tax, and corporate finance knowledge to help clients enhance shareholder value, improve employee relations, reduce risk and meet executive needs.
Our pension services provide detailed solutions to our clients pensions needs:
Actuarial Services
Pension Consulting Services
Pension Administration Consultancy
Pension Scheme Design & Evaluation
Trustee Services
Personal Financial Planning