Ensuring Employee Financial Security to Retain the Best Talent

Our consultants can help you to meet these challenges:

• Link business performance to benefits payout
• Meet employees’ retirement needs when the replacement ratio of the social security pension scheme is insufficient
• Clarify regulations and tax rules exist around various programs, such as pension, housing and savings plans
• Decide how competitive and attractive benefits should be
• Understand the different financial and tax implications of various retirement programs to employers and employees
• Streamline program approval and implementation
• Find investment advice on funded plans and expertise around ongoing plan governance and risk management
• Educate employees about investment in retirement programs

Solutions We Deliver

• Benefit strategy development
• Regulation and policy interpretation and recommendations on plan design
• Market data and analysis through Hewitt's Benefit Index®
• Benefit income and adequacy analysis
• Plan set up and communication
• Plan administration process stimulation and documentation
• Ongoing objective advisory services
• Vendor service monitoring and evaluation
• Plan governance and risk management support
• Investment advisory on investment strategy development, manager selection and evaluation

Hewitt leads the market with innovative retirement solutions in China, having helped set up and implement the first Enterprise Annuity (EA) Plan for a State-owned Enterprise (SOE), the first to set up an EA plan for a Foreign Invested Enterprise (FIE) and the first to support the successful launch of a non-EA trust model plan in China.

Hewitt's plan design consulting service provides data, benchmarking, tools, and deep expertise to help you design the most appropriate retirement plan for your business and your employees.

We will analyze your current plan, evaluate the cost and benefit implications of alternative designs, and look at new concepts and approaches to help you take a holistic approach in designing your retirement plan. In addition, our investment consulting services help many clients achieve long term asset appreciation.

For more information on our complete suite of retirement services, please contact us.