International companies are widely facing pension deficits and rising pension premiums. Thus the need for a central pensions policy increases. Various local legislation and regulations make this difficult to achieve.
Local pension deficits have a direct influence on the annual accounts of the holding through international accountancy regulations. Multinationals therefore want to get a better grip on the local situation and reduce their financial risks. This requires local pensions knowledge.
Through our own European offices and the global MGAC network we dispose of the necessary local and international expertise. Clients can therefore dispose of all the required information through only one contact person. In this way an overall pension policy can be developed and cross-border pension issues could be resolved. Subsequently we can help with implementing this locally.
Other examples of our international service are:
- LCP has guided clients in the past years with over 200 M&A's in more than 30 countries.
- By setting up multinational pooling, multinationals can partially reduce the increase in pension costs.
- LCP provides the valuation of your pension liabilities and, if desired, the consolidation.
Our international service is highly appreciated by our clients. This is clear from the rewarded "European Pensions Consultancy of the Year 2010 award".