The major item of expenditure in any employee benefit programme is that related to retirement benefits. Depending on the type of arrangement the rate of contribution is established in liaison with an actuary. We provide actuarial advice regarding routine operation of the scheme, levels of contributions and a number of other areas.

• Advice o methods and strategies which can be adopted with regard to the funding for retirement benefits.
• Actuarial investigations into the finances of the scheme to establish assets and liabilities and recommendations for a future contribution rate.
• Advice on estimated cost of proposed benefit changes and scheme alterations.
• The provision of recommended factors for normal running of the scheme covering early and late retirements, withdrawals and transfers in and out of the scheme.
• The provision of standard statements for inclusion in the company accounts as required.
• Advice and assistance on employee benefit scheme reporting under IAS19
• Advice and assistance in respect of mergers, acquisitions, disposals and management buyouts in relation to pension fund assets and liabilities.