Most consultants focus on the plan sponsor of Defined Benefit (DB) Pension Plans almost exclusively...
...but the GAO, IRS, DOL and other regulators are telling us that's not enough. In the end, plan sponsors and other stakeholders are served by focusing on their particopants when de-risking their plan in ways that will defang, shrink and remove risks once and for all.
Hybrid Lump Sums - Lump Sum elections with both guaranteed income and lump sum components
CES brings new perspectives to pension de-risking and a fresh way of doing things.
CES’s driving notion is that perpetuating the status quo should not be an overriding consideration when it comes to formulating a de-risking strategy. Especially since the habit of doing so in the past has led to the problems many plans are facing.
Working with the company’s team, CES helps examine the options and helps implement recommendations, if desired. We work with existing advisors and can employ additional resources as needed.
It is important that those making strategic decisions for the company understand the issues and options.
We can help arrange the full range of professional services needed to investigate and implement a de-risking strategy at the plan sponsor’s request.
We review the impact of various design and funding options to help reach conclusions with concomitant recommendations. These include action steps for implementation (if desired) and administration (if required), keeping in mind the plan sponsor’s state of affairs.
Our services include the “soup to nuts” quantitative and qualitative resources required as well as proprietary analytical tools to make complicated issues clearer and simpler.
Our services are performed on a fee basis and are available only through advisers & consultants, whom we work with closely. These include wirehouses and consulting firms, and others active in the pension business.
Our clients work with us to avail themselves of our innovative services and capabilities on an as-needed, high-value basis. Quality and breadth of expertise is expanded as we bring a professional, world-class capability.