Corporate Superannuation Consulting Services

Strategic Superannuation & Benefits Advice

Future Superannuation Arrangements

• Strategic review of your superannuation arrangements - what really matters?
• Review of your current benefits – competitive? Relevant? Consistent?
• In-house or outsource? Master trust or industry fund?
• Positioning your superannuation arrangements for at least the next 5 years
• Keeping abreast of the impact of potential future changes in legislation

Management of Supplier Tenders & Transition

• Work with you to review all or any component of your company superannuation arrangements, including administration, insurance, investments, asset consultant and custodian
• Undertake tender process to secure competitive arrangements for full outsourcing or any individual component of your corporate fund
• Utilise our extensive research data base and market intelligence
• Overseeing the transition to any new arrangements under strict risk management guidelines

Operational Effectiveness, Structured Risk Management & Cost Savings

• Advice and implementation regarding management of superannuation arrangements, including assessing the effectiveness of a trustee board, fund secretariat and fund management
• Cost benefit analysis relative to your peers in the market
• Assisting you to identify key risks in your employee benefit programs, covering financial, compliance and implementation risks
• Undertaking the secretarial function, chairing meetings, or acting as employer appointed representative on policy committees on behalf of the employer or trustee

Technical & Actuarial Advice

Mergers & Acquisitions

• Strategy for the acquiring or disposing company on the most appropriate superannuation terms to include in sale/purchase agreements
• For defined benefit funds:
  • Advice on imputed value of superannuation fund surplus/deficit in the price of transaction
  • Expected ongoing funding requirements
  • Corporate Accounting implications/strategies to minimise impact of any mergers and proposed changes
• Advice and implementation for merging multiple superannuation arrangements under one or more employer sponsor

Statutory Actuarial Advice

• Develop overall principals and strategies with respect to cash funding and corporate accounting that take into account your particular objectives
• Actuarial valuations for contribution funding purposes
• Actuarial calculations for inclusion in companies financial statements (IFRS, FAS, AASB)
• Production of all necessary actuarial certificates to meet legislative requirements
• Appointed actuary for corporate plans, sub-funds of master trusts and industry funds
• Conversion of Defined Benefits to Accumulation Style Benefits
• Understanding the differences between the two benefit structures
• Work in conjunction with lawyers and Trustee to establish the basis for conversions
• Calculations/illustrations as part of an exercise to convert defined benefits to accumulation style benefits
• Confirmations, where required, on Trust Deed Amendments

Superannuation Investment Advice

• Benchmark your investment returns and investment structures against your market
• Review of suitability of investment options
• Specialist advice relating to defined benefit liabilities and assets
• Managing tender process to secure more appropriate arrangements, including implemented consulting
• Review of asset consulting services currently provided, including service provider tenders

Superannuation Insurance Advice

• Insurance reviews, including advice to employers and trustees about the suitability and competitiveness of current arrangements, negotiating with current insurers and securing more competitive arrangements through a tender process
• We work with insurers to improve their products, which in turn benefits the end user

Communications & Member Education

• Working with you and your suppliers to properly structure your communication and education strategy aligned to your employees/members aspirations
• Assisting you to monitor the effectiveness of your programs
• Identify how to further build future communication programs