Over the past decade, costs of defined benefit (DB) employee retirement plans have mushroomed; people are living longer, investment market conditions are difficult, regulation is tightening and state pension provision is in decline. And in spite of the best efforts of sponsoring employers, deficits have remained stubbornly on corporate balance sheets with potentially crippling consequences. Employer-provided pensions and retirement benefits are an essential part of the reward package in many countries. It is important for employers to be aware of, and to manage, the associated costs and risks, but they also have a critical role in helping their employees to make sound decisions.
"Solutions to today’s pension challenges need a wide ranging understanding of business."
Are you in control of your organisation's pensions costs? Or are you struggling with the governance and risk associated with the retirement benefits you’re providing to your people? And is your retirement plan design delivering in line with your wider people strategy?
Solutions to today’s pension challenges need wide ranging understanding of business. In addition to our market-leading retirement, pensions and actuarial expertise, we bring together expertise in a wide range of areas including: tax, legal, accounting, structuring, insolvency and credit analysis.
PwC has over 2,500 retirement, pension and employee benefit specialists in 54 countries around the world, helping our clients to address and manage their retirement and pension issues, including: