The retirement landscape is evolving rapidly. Financial risk, market volatility, and regulatory changes make it extremely difficult for companies to design retirement programs to align with business goals and optimize results for employers and employees.
Hewitt's Retirement and Financial Management services ensure your company's retirement programs are secure, equitable, and sustainable. Thousands of companies trust us with their retirement plans, because we're a recognized global leader in every aspect of plan management. Each Hewitt retirement service is recognized as "best in class," and Hewitt's retirement consulting experts will help you design a "best in class" strategy to enable effective and efficient management of your retirement plans.
Our Retirement and Financial Management services are unmatched in the industry.
Plan design consulting to provide data, benchmarking, tools, and deep expertise to help you design the most appropriate retirement plan for your business and employees. We'll analyze your current plan, evaluate the financial 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.
Actuarial services that work both this year and in the future to ensure that your funding options and accounting strategies are aligned with your business goals. We're a top-three actuarial firm in virtually every key country. Our actuaries have the deep experience, backed by state-of-the-art tools, to manage risk and exposure, helping you take control and conquer even the most demanding challenges.
Global risk services that look at both sides of your pension balance sheet to help you understand and identify the level of risk that will generate the greatest return on your investment. We offer end-to-end risk management for innovative asset- and liability-based solutions that lead to effective strategies for managing your retirement plan risk.
Defined contribution (DC) consulting services that analyze your company's objectives and employee population to help you meet your retirement planning goals with a full spectrum of defined contribution services and solutions. Our comprehensive approach will help you decrease risk, mitigate uncertainty, and maximize the value you deliver to employees.
Investment consulting that leverages our industry-leading investment modeling and monitoring techniques to help you meet your fiduciary duty and minimize cost while managing risks. We provide a full range of investment consulting services and have worked on a wide variety of assignments with and for our clients.
Legal consulting that understands statutory/regulatory requirements that impact your business to help you balance business considerations and legal risks.
Administration and communication services that provide complete defined contribution and defined benefit plan administration support, including recordkeeping, compliance services, and customer service to help participants understand your programthrough print, call center, and Web solutions. Our communications have won more industry awards than all our competitors combined.
With more than 2,500 clients worldwide, Hewitt is one of the world's foremost providers of human resources outsourcing and consulting services. We have a global network; innovative, data-driven solutions; proven methodologies; and implementation know-how to address your toughest human capital challengesand we deliver measurable results.
To learn more about our Retirement and Financial Management services and how your company can benefit, contact your local Hewitt consultant or e-mail peoplesolutions@hewitt.com.
All employee benefit plans with more than 100 participants must submit a financial statement and audit report along with the annual Form 5500or face penalties that easily run $100,000 or more for each plan. Compiling the information needed is highly technical, specialized, and extremely time consuming.
Most organizations that offer employee retirement and welfare benefit plans are required to file a Form 5500 each yeara time-consuming, highly specialized task that internal HR staff often lacks the time or expertise to complete. And penalties can be steep$1,100 each day a filing is late.
It's an unfortunate fact that divorce impacts a company's workforce on many fronts. A streamlined process increases compliance, minimizes legal risks, and reduces your administrative burden.
Your employees are a diverse group of individuals with unique financial and retirement needs. Hewitt's Self-Directed Brokerage Windows empower your employees to take greater control over their investment decisions.