- Creating and establishing a document
- Practical management
We serve your company in consultation, calculation and reporting related to pensions. We arealso offer wealth management and risk management services essentially related to pension matters. We carry out reporting on employment benefits for some 100 companies, in line with international accounting standards.
For your company’s financial statements, we offer calculations and reports on post-employment benefits and years-of-service bonus arrangements in compliance with international accounting standards (IAS 19 and ASC 715).
We also help your company with the accounting treatment of pension benefits in different types of business restructuring and we look into your company’s need to report pension benefits. We also coordinate the IAS 19 calculations for international companies’ foreign pension arrangements and compile items to be entered in IFRS financial statements and information to be presented in the notes.
In addition to producing calculations and reports, our services include determining the discount rate used in the calculations and the churn parameters (employee turnover, disability incidence).
Furthermore, our services include various training packages that can be tailored to the customer’s needs.
The legislation concerning defined contribution supplementary pension arrangements in pension foundations and pension funds makes it possible for employers to provide an additional option for rewarding personnel that can be implemented cost-efficiently within a defined contribution pension foundation or fund.
Unlike in a defined benefit supplementary pension arrangement, in a defined contribution supplementary pension arrangement the level of pension cover has not been pre-determined. In defined contribution pension schemes, the level of pension cover is defined based on the paid insurance contributions, the investment returns they have yielded and the administrative costs.
Depending on the employer’s needs, the following can be specified: the personnel groups covered by the scheme, the benefits, contribution levels and retirement ages. We are happy to provide more details on defined contribution pension arrangements and other relevant information.
It is possible for the employer to arrange pension cover for their employees by insuring the employees with an insurance company or in their own pension foundation or fund. For your company, having your own personnel foundation or fund can be the least expensive way to arrange employees’ pension cover.
To support decision-making, we carry out detailed reviews and calculations, based on which we can assess and plan the operating conditions of a new pension foundation or fund.
We assist in establishing the pension foundation or fund. We create the required documentation, applications and rules, and communicate with authorities.
We will contact you as soon as possible. In the ‘Additional information’ field, you can include, for example, the best time to call you.
We can review your situation and especially the need for supplementing your pension cover.
We will calculate a suitable amount of insurance cover to meet your needs, and you will receive an offer for supplementary pension for entrepreneurs either from one of our experts or directly in our Web Service.