We can advise upon the feasibility, efficiency and design of international pension plans; the setting up and hosting of international pension funds; or the planning of customised mobile workforce schemes.

Our multi-disciplinary practice houses a wealth of expertise and experience of working together with our clients on such areas as:

Tax

• Advice on the tax treatment of the funding and the distribution of pension schemes
• International tax planning and optimisation of pension schemes
• International pension treatment and planning for internationally mobile employees and executives
• Advice on the tax treatment of pension funds

Actuarial and financial reporting services

• Funding and long term liability studies
• Actuarial valuations
• Financial reporting
• Asset liability management (ALM)

Plan administration

• Set up and execute the entire daily operational management of the pension fund, including
  • Calculation of benefits and vested rights
  • Beneficiary database
  • Preparation of annual accounts
  • Reporting to regulators
  • Employee communication
  • Cosourcing or outsourcing of internal audit function, and
  • Cosourcing or outsourcing of compliance function

Legal and Regulatory

• Advice on all legal and regulatory aspects of international pensions, including
  • Labour law
  • Social security law
  • Regulatory legislation for pension funds
  • Governance structure for pension funds
• Advice on all aspects of the law on institutions for occupational retirement provisions
• Design, modification and administration of international schemes
• Mergers, (international) transfers and wind-ups of pension schemes
• Pension-related mergers and acquisition issues
• Drafting or modification of pan-European pension fund by-laws
• Drafting or modification of service agreements between pension providers and sponsors
• Strategic pension audits and due diligence studies
• Advice to pension funds on issues relating to their structure, organisation and funding