Hewitt is one of the leading actuarial and employee benefit consulting firms in the world, however our presence in Australia is still relatively new and small. This combination provides for an enthusiastic, highly personalised service supported by the resources and experience that a major player can bring. We have senior actuaries experienced with major clients operating out of both our Melbourne and Sydney offices.

Our actuaries assess your current defined benefit superannuation liabilities, predict future liabilities, and help manage the volatile superannuation costs of today's global economy.

We help organisations around the world take control of their superannuation benefits by providing superior financial and risk control information, insight, and guidance.

The proof: we provide actuarial services for more than 2,000 plans globally—with an annual renewal rate exceeding 98%.

State-of-the-Art Modelling and Forecasting

Our consultants use robust modelling capabilities to help clients project future superannuation plan liabilities and gain more control over volatile superannuation costs.

Our Asset Liability Modeller, for example, applies stochastic projections to test the impact of different investment mixes on your retirement plans. Penicillin, another of our systems, forecasts future costs by modelling the impact of economic and legislative developments, and provides sensitivity analysis.

Worldwide Resources

We're a top-three actuarial firm in virtually every major country, with deep experience developing solutions and strategies that succeed—this year and into the future. We act as global actuary for numerous multinationals around the world.

Quality Procedures

We strive to reduce your risk further, by adhering to strict policies regarding peer review, accuracy, quality assurance, retention, and conduct.

Deep Retirement Benefit Expertise

In Australia, we have senior actuaries with extensive superannuation and financial services experience who have consulted to a wide range of organisations and trustees about their often complex superannuation plans.

In addition to actuarial services, many of our clients also choose us to provide broader strategic superannuation advice including a review of ongoing arrangements, level of plan benefits and design, outsourcing, and employee communications in order to maximise the value of their superannuation benefits.

Full-Spectrum Service

Hewitt'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 superannuation 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.

Our deep, global actuarial experience helps employers increase control over factors that directly impact their bottom line. 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.

Our actuaries tailor the following services to meet your specific needs:

• Develop funding and accounting strategies, actuarial assumptions and methods based on expert trend analysis under various scenarios
• Determine superannuation and long-term employee benefit expenses which should be recorded on profit and loss statements, and the associated balance sheet liabilities
• Prepare consolidated financial information for all superannuation and pension plans globally
• Conduct periodic actuarial valuations of your defined benefit superannuation plan for contribution funding purposes—to provide you with a greater understanding of your plan—and also legislative purposes
• Prepare actuarial superannuation certificates as required by legislation, such as benefit certificates and funding and solvency certificates
• Assistance with mergers, acquisitions and divestitures
• Asset liability projections
• Provide broader strategic consulting advice

Solid Partnerships

Our partnerships with clients are based on shared visions and clear expectations steered by the following guiding principles:

• We acknowledge your unique situation
• Share firm-wide knowledge
• Bring together the right people for the job
• Keep your people in mind
• Allow you to define success

To start your relationship with a leading actuarial consulting firm and to find out how our actuarial services can put you in control, contact:
Nerida Seccombe
Level 30, 360 Collins Street
Melbourne VIC 3000
Phone: +61 (3) 9614 6100
Fax: +61 (3) 9614 6133
Email: nerida.seccombe@hewitt.com
OR
Greg Smith
L6, 155 George Street
Sydney NSW 2000
Phone: +61 (3) 9247 8066
Fax: +61 (2) 9247 9252
Email: greg.smith@hewitt.com

Tools

Employer Tools

• Tracker, Asset Liability Modeller
• Global Inquirer
• Penicillin
• Benefit Index®