Magazine: Are you clear about the financial implications of the imminent LSP amendment?

With the passage of the Employment and Retirement Schemes Legislation (Offsetting Arrangement) (Amendment) Bill 2022 (“the Bill”), now is the time to start considering the financial implications of the amendment and what it means for your company. In this issue, we point out the highlights of the forthcoming changes and how the LSP amendment affects cash flows and financial reporting.

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WTW has the largest team of pension actuaries in Hong Kong who can help with such financial costings/valuations. Contact us for a discussion on how we can help.