IAS19 Global Advisor Cost Efficiency – Unlocking Hidden Savings
IAS19 reporting is a necessary part of managing Defined Benefit plans, but it can also be a significant cost driver. Many large organizations rely on multiple IAS19 advisors – sometimes 5, 10, or even more – across different regions.
At Insurance at Heart, we collect, we analyze and we give recommendations on your externals advisor costs, so you can take informed decisions to evolve global standardised and aligned assumption methods/reporting, reduce admin time for controlling tasks between countries and HQ and future-proofing your global DB/DC mindset – underneath the surface of your pension obligations are provisions, that – if overlooked, not understood, misunderstood, not reported on or underprioritized – can set you back if you need extra payments to pension plans. Pensions obligations and related costs are costs most CFO don’t like to become a surprise. Small surprises are to overcome, but larges ones has a tendency to reach the Board…
We can help you become on top of your costs. Let´s talk.