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Watson Wyatt’s corporate consulting group aims to help companies optimise the risk and reward management of their pension and employee benefit arrangements.
Never before has the need been so great for a company to manage the design,
financing and risks of its pension and benefit obligations. Companies are faced
with increasing costs and risks, decreasing control over their obligations, and full settlement of the problem can be (at least in the short-term) largely unaffordable. There has also been a fundamental shift in the rules and behaviours over the last few years with pension obligations being increasingly viewed as debt by investors, lenders and trustees.
Companies need to be up to speed with the new environment; they also need to develop fresh strategies towards their pension obligations to ensure that their business objectives continue to be met. There are a range of issues that need to be addressed – these lie on a spectrum between managing the legacy (dealing with past obligations efficiently and effectively) and strategy for future business (implementing solutions to drive the business forward).
Our advice doesn’t just look at the individual issues associated with pensions and employee benefits; it looks at the package as a whole.
Areas we offer advice on include:
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