Efficiently meet your regulatory needs for funding and accounting valuations, and use our extended insights to improve resiliency and outcomes for your organization and your plan members
in delivering the actuarial insights that allow you to focus on what matters
Collaborating to meet your distinct needs
We know the actuarial analysis and market dynamics, you know your organization. Our consultants collaborate with you to develop funding strategies, actuarial reporting, real-time monitoring, and financial risk management that meet the needs and recognizes the constraints of you and your stakeholders.
Together we build a custom approach that enables:
- Adequate and sustainable plan design
Management of funding and financial/demographic risk
Demonstrably strong governance
- Effective financial reporting and market disclosures around your plans
Membership insights to support effective communication programs and HR planning
The edge to make impactful decisions
LifeWorks helps organizations extract value from actuarial insights:
Support employee engagement and appreciation of plan value
Stay resilient and competitive by focusing on the most impactful steps to manage cost and risk
Make properly costed and informed decisions that stand up to scrutiny
Understand and respond to the impact of demographic profiles and shifts in your plan membership
Be alert to risks and opportunities in real time
Meanwhile, employees gain retirement security, peace of mind, and a roadmap to financial wellness today and in retirement.
Saint John Energy, an electrical distribution utility servicing the City of Saint John, New Brunswick, had a mature defined benefit (DB) pension plan that had existed for 80 years.