We help organizations around the world
take control of their pension benefits by providing superior
financial and risk control information, insight, and
guidance.
Annual Services
Providing annual valuations of retirement plans is
at the heart of our actuarial services.
Our deep, global actuarial experience helps employers
increase control over factors that directly impact their bottom line.
Our actuaries:
- Develop funding and accounting strategies, actuarial assumptions
and methods based on expert trend analysis under various scenarios
- Determine expenses that should be recorded on profit and loss
statements
- Calculate balance sheet liabilities
- Prepare consolidated financial information for all pension plans
- Conduct periodic required valuations of your pension plans for
contribution funding purposes – to provide you with a greater understanding
of your plan – and also legislative purposes
- Assess your current defined benefit liabilities, predict future liabilities,
and help manage the volatile costs of today’s global economy
- Prepare actuarial certificates as required by legislation, such as benefit
certificates and funding and solvency certificates
- Assess the impact of special events such as purchases and sales, termination
of a business or the closure of a pension plan
- Assistance with mergers, acquisitions and divestitures
- Asset liability projections
- Provide broader strategic consulting advice
- Expense and balance sheet results for retiree medical plans
- Calculate and disclose directors’ pension costs
- Propose remedial measures in case of underfunding
We tailor our actuarial services to meet client-specific needs,
including budget estimates, asset and liability projections, and administrative
support. We also provide strategy, analysis, and support for government compliance,
mergers and acquisitions, union negotiations, and executive retirement plans.
State-of-the-art modelling and forecasting
Our consultants use
robust modelling capabilities to help clients project future
pension plan liabilities and gain more control over volatile
pension costs.
Deep retirement benefit expertise
In addition to actuarial
services, many of our clients also choose us for plan design and employee communications in
order to maximize the value of their pension benefits.
Quality procedures
We strive to reduce your
risk further, by adhering to strict policies regarding peer
review, accuracy, quality assurance, retention, and conduct.
Full-Spectrum Service
Aon’s consultants
focus on what’s important to your business and the
timeliness of delivering key business information.
We help you better understand the impact your
liabilities have on your accounts, and provide you with this
information in advance of year end so you can avoid
surprises and adjust budgets accordingly.
We also ensure that our
clients are fully informed of the financial impact of any
changes they propose to make, from both a funding and accounting
perspective.