Article | The balancing act:
Should firms in India revisit defined benefit plan funding?
Risk | Adequacy | Governance
organizations are considering increasing or changing the management of their retirement portfolio given market volatility.
concede their organizations are struggling to find the time and expertise to fully meet their obligations relating to oversight of their defined benefit plan investment strategy
The changing role of the CFO is an interplay of changing socio economic environment in the country and global transformation. This is especially relevant in the context of recent challenges in the wake of Covid coupled with the new labor reforms notified in India. It is imperative that companies get a holistic view of not only the current costs but also expected future costs and risks
15+ years of regional experience, qualified actuaries with international professional credentials
Over 275 clients, delivering 1,000+ valuations annually
8,900+ clients being served by Mercer Retirement
We are compliant with accounting standards (IFRS / US GAAP / INDAS 19 / AS15R) leveraging the Project Unit Credit (PUC) methodology.
Hemanshu has over 15 years of management consulting experience in Retirement and Employee benefit industry, including experience in global pension sector. He helps clients understand financial risks of various types of employee benefits and evaluating financial impact of various organizational level policy changes from time to time
Preeti helps clients in designing and delivering benefits solutions to help manage people and managing long terms costs and risks for employee benefits through actuarial advice, evaluating design alternatives for employee benefits, governance and risk management and communication strategies for better employee engagement.
Help businesses understand liability and obligations of retirement and long term plans; comply with statutory requirements; plan for the future. We serve a broad client base to report on the impact these obligations have on their business’s financial health and the cost of any benefit changes.
Look beyond accounting reports
Get insights into volatility of P&L expense
Improving surplus and reducing risks
Accounting consolidation and coordination and advice on accounting issues
Identify risks and costs associated with benefits and pension plans Details