Governance for retirement trusts and retirement set up
Governance for Retirement trusts:
Trust Deed Execution as per the Income Tax Act 1961 and Employee Provident fund
& Miscellaneous Provisions Act, 1952
Trustee Board Constitution and Resolutions ensuring appropriate employee
representations , voting and change as per Trustee rules
Setting trustee Meeting Agenda, Frequency, Quorum Minutes of the meeting and
record keeping including MIS
Perform Periodic Compliance and Audits to report to Trustee Board and Management
Fund Manager Review , Compliance on investment Guidelines, portfolio Tracking
and analysis including Asset Liability Management
Design Framework of Trust Benefits, Transfer /withdrawal including for
international workers in compliance with the regulatory mandates
Retirement income adequacy calculation
When it comes to retirement, the key questions for employees remain:
- Will I have enough money to retire?
- When can I retire?
- What will my standard of living be like?
The thought-provoking Universal Actuaries Analysis and tools answer these questions and inspire strategic retirement plan design and communication solutions that enable and motivate your employees to take action for their future
Universal Actuaries and Retirement Consulting
Our step approach to actuarial valuations
Help Employee by
- Analysis on future needs vs expected income
- Surplus/shortfall modelling for retirement adequacy
Help Employer by
- Financial wellness session for employees
- Understanding employees’ readiness