In a market where risks are unprecedented and
plenty, businesses are in constant need of efficient consulting actuaries which
can manage resources with well-planned investment strategies. KPAC is a leading consulting actuary
providing various actuarial and consultancy services. It prepares organizations
for the future by assessing risks and lending control over capital and
resources.
One of the various actuarial valuation
services which KPAC provides is pension plan valuation. In a volatile
market situation, it is important to plan ahead of time for a deft management
of resources. Accumulating capital and resources for pension plan benefits is a
difficult job and consulting actuaries like KPAC are helpful to provide organizations a financial edge.
Actuarial valuation of pension plans is
important because it helps organizations to estimate how much funding and
investment the plan needs. It also helps to analyze the future in terms of
investment returns in the future, retirement age, hike in salaries etc. A
comprehensive review of retirement plans is important to ensure the financial
health of both employers and employees. Actuaries are therefore important for
the financial management of defined benefit pension plans. They recommend
transfer values and keep an eye on the scheme’s compliance.
Other
services
Apart from pension plan valuation, KPAC
provides several other services such as gratuity actuarial valuation, leave
availment valuation, long service awards valuation, etc. All these schemes help
to secure the future of a company as well as its employees.
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