We work closely with our clients to define the best benefit targets for their pension fund taking into account their business sector, market and people and company culture. Our pension actuaries, insurance mathematicians and legal experts help our clients design and implement tailor-made solutions.

Actuarial Consulting

Actuarial consulting is one of our strong points. For pension funds we can prepare:

• Financing concepts (including proposals and recommendations concerning actuarial interest rates and financing risk, as well as possible cross-subsidizing of active members and pensioners)
• Actuarial appraisals
• Calculations in accordance with national (RFC/FER) and international principles and standards (such as IFRS and US GAAP)
• Profit and loss analyses
• Risk analyses and assessment of re-insurance needs
• Dynamic extrapolations for asset and liability studies taking into account membership, remuneration and return trends
• Proposals for remedial measures in case of underfunding
• Restructuring proposals and proposals for improving benefits
• Mergers, (partial) liquidations and distribution plans
• The best solutions within the confines of the law
• Mergers and acquisitions: analysis and appraisal of benefit liabilities in the context of corporate transactions and contractual negotiations

Legal Advice

We prepare regulations and resolve complex insurance cases. We work closely with our clients to design innovative solutions for their financing and performance objectives. Our legal staff accompanies the client’s pension plan from inception to its eventual (partial) liquidation; they also provide consulting on individual insurance cases.

Training

We help Pension Board members and occupational benefits staff stay abreast of the latest developments.

Investment Planning and Asset and Liability Modelling

Risk and return go hand in hand. They are the two cornerstones of investment, and warrant equal attention.

We help our clients devise an investment strategy that is consistent with their risk tolerance and which maximizes returns in a risk-efficient way. We help companies systematically reach their goals by encouraging them to find the right mix of investment category and investment style, and only to take risks that are properly rewarded.

International Pension Consulting

In Switzerland, we also offer our complete range of international services:

• Global Pension Accounting Coordination
• Global Benefits/Assets Inventory, Analysis, Policy Development
• Global Financing Efficiency Reviews
• Globally Coordinated Local Actuarial & Investment Services
• Global mergers & acquisitions, due diligence, post-merger integration and harmonization

Public Administration

Federal and cantonal institutions have certain functions that are governed by special rules and regulations which in addition to giving them certain advantages must be taken into account. Our consultants have the ability to accompany the corresponding implementation competently and with assurance. We can advise you on partial capitalisations and future financial re-engineering; we can also support you in your research and committee projects.

Service Package for Medium-Sized Companies

The medium-sized companies are a strategic market for Hewitt in Switzerland. We can offer medium-sized companies the same quality and consulting performance as we provide demanding international corporations and large companies. The service package for medium-sized companies covers pension plan administration and consulting in accordance with national and international accounting procedures.