As group actuary, we are happy to take over the central coordination and consolidation of your employee benefit valuations (e.g., severance, jubilee payments, and pensions) under IFRS or US-GAAP. This includes managing deadlines and communication with local actuaries and the responsible parties at your subsidiaries. We review the valuation results provided by local actuaries for plausibility and compliance with accounting standards (IFRS or US-GAAP) as well as your internal corporate guidelines.

If required, we can provide confirmation of the reliable and professional execution of the tasks outsourced to us, in accordance with internal control systems (ICS).

By using the Abelica Account, you can streamline your processes for consolidating employee benefit provisions for financial reporting. Our online tool is user-friendly, offers high data security, enables individual access rights, provides ongoing project status monitoring, and, most importantly, ensures a standardized presentation of diverse international benefit plans according to IAS 19 (IFRS), FRS 17, or US-GAAP (ASC 715-20).

To assess the employee benefit obligations (pension plans), we conduct a global benefit audit in collaboration with our partners at Abelica Global whenever needed. The advantage lies in a detailed analysis of your employee obligations and associated assets, followed by a concrete presentation of potential risks. Naturally, we are happy to support you in hedging or outsourcing such risks.

We assist you with mergers and acquisitions (M&A) during the due diligence process by reviewing and analyzing employee obligations on your behalf (as a potential investor). This includes a rapid yet thorough assessment of benefit commitments, published balance sheet figures, the parameters used, and a projection of future employee provisions and plan assets.

In general, company acquisitions or mergers result in an inhomogeneous bundle of pension plans. Together, we harmonize these plans while considering local standards and develop a global benefit management strategy based on your compliance guidelines. The Abelica Global network guarantees the timely and efficient implementation of these cross-border consulting services.

Benefit from our many years of experience in managing multinational projects with Abelica Global. We would be happy to provide you with references for projects we have already successfully implemented.