Pension costs are a major item of expenditure and they can be difficult to manage. It is hard to know how they will change and develop over time, but being in control of pension costs has enormous advantages for your company.

We advise companies on the calculation of pension cost and balance sheet items, alongside related disclosures for companies’ statutory accounts under European, US and other worldwide accounting standards. Using our own interactive modeller, we can illustrate the impact of a change to the relevant accounting standard, or of having to recalculate the figures on a different standard. We can also help you to predict how your pension cost might develop in the future.

Our services in this area include:

• The calculation and disclosure of pension cost and balance sheet items, in accordance with local and international accounting standards
• The choice of methods and assumptions used to derive pension cost and their implications
• The impact of special events such as purchases and sales, termination of a business or the closure of a pension plan
• The calculation and disclosure of directors’ pension costs
• Co-ordination of global pension, post-retirement and benefit costs

Please contact us for information about our complete suite of retirement consulting services.