Pension fund management

We draw on many years of experience in the management of pension funds, including of complex international groups. In contrast to an administration-orientated approach, we see the pension fund management as a consulting service that offers qualitative added value and innovation. We use our expertise in governance to help you define standards for steering and risk management.

Whether you need support with the selection of a new service provider, a customised training or a (partial) liquidation, we take care of the management of your pension fund according to your needs.

Goal of pension fund management

Depending on the size and expertise of the Board of Trustees, it can be of advantage for a pension fund to delegate the management to an external specialist. On the one hand, this enables cost efficiency through scalable processes. On the other hand, the pension fund benefits from the expertise of a specialised pension fund manager who can draw on the experience gained from several mandates.

Core elements of pension fund management services

The scope of our services can be customised according to the wishes of the Board of Trustees.

• Formal pension fund management: We assume full responsibility for the management of the pension fund, including entry in the commercial register. We coordinate, monitor, advise and report to the Board of Trustees.
• Takeover of defined activities: We support you by taking over defined recurring activities and with one-off projects on request. You retain the ultimate responsibility for the management.
• Selective support / back-up: On request, we provide support for one-off projects and are available as a back-up for your internal pension fund manager in the event of an unexpected absence.

The following topics form the core of our range of services relating to the management of pension funds:

• Meetings of the Board of Trustees and the Investment Committee
• Internal control system (ICS)
• Coordination of audit and annual financial statements
• Coordination, monitoring and tendering of all third parties
• Communication to plan members
• Training of the Board of Trustees
• Investment support
• General support and special projects

Why WTW?

In times of increasing regulatory requirements, the management of a pension fund is no longer just an extension of the administration. Rather, it is about constantly monitoring regulatory requirements, analysing them legally and implementing them appropriately in the pension fund. Our pension fund managers maintain an overview for you, proactively address topics and have experienced subject matter specialists at WTW in all specialist areas (legal, actuarial, investment, international valuations, insurance brokerage) who can be easily called in if necessary.

Good governance principles suggest a separation of management and technical administration. This is precisely where we step in and advise you independently with the relevant specialists across the entire spectrum of occupational benefits. Our approach: 360° benefits.