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Pension regulations and government requirements are rapidly changing. By
staying on top of new regulations and publishing authoritative guidelines,
Watson Wyatt helps clients proactively respond. While organizations must
continue to offer cost-effective retirement and benefit programs to attract,
retain and motivate their workforce, the big news in Asia-Pacific is changes in
pension legislation. Today, Watson Wyatt is anticipating, tracking and analyzing pension
changes throughout the region to help state- and private-owned organizations
restructure their pension packages accordingly. Watson Wyatt is the world’s
leading adviser on retirement plans, providing actuarial and consulting services
for both defined benefit (DB) and defined contribution (DC) plans. Our presence
in Asia-Pacific is strong, with more than 70 percent market share in Taiwan,
Hong Kong and the Philippines, and more than 50 percent in Indonesia, Malaysia
and New Zealand.
Through research-based consulting, Watson Wyatt helps clients align their
retirement and benefit arrangements with their reward strategies and their
workforce’s demographics.
- Reward Strategy - Using modeling tools, we structure competitive,
cost-effective reward packages that achieve desired workforce behavior.
- Retirement Plan Design - We offer expertise on the full spectrum of plans
available, including defined benefit, defined contribution or a hybrid. We
can help you tailor the best configuration for value, control, appreciation
and fit.
- Retirement Plan Implementation - Watson Wyatt can handle the complex
project management issues needed to implement your plan, including
administrative and accounting systems, investment strategy configuration, fund
manager selection, risk benefit insurance, employee communication, trustee
training and statutory compliance.
- Retirement Plan Operation - Our range of services enable clients to run
their retirement plans successfully. These include administration,
communication and investment monitoring, as well as ongoing actuarial
consulting advice on funding. In Australia, through a partnership with CitiStreet, we provide our clients with high-quality state-of-the-art
administration services to meet their increasingly complex needs.
- Communication - We develop and implement communication strategies to
ensure that your employees understand and appreciate their pension
arrangements and take an active interest in planning for their retirement.
- Funding Strategy - When comparing alternative funding methods for meeting
your liabilities, we help you consider the cash flow implications of each.
Also, we measure the impact on funding of variations in future economic and
demographic conditions.
Related links:
Retirement Benefit Newsletter
Global News
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