For several years now, multinational companies have increasingly been adopting a more integrated approach to managing their pension plans. Prior to the financial and economic crisis, pensions were seldom very high up on the agenda for CFOs and CEOs. In the aftermath of the crisis, this can no longer be said to be true! Pensions – and the future of pensions – have seldom been so important an issue.
Pensions in crisis
Most multinational companies sponsor a multitude of different pension plans, often including a mixture of Defined Benefit (DB) and Defined Contribution (DC) plans. The crisis has simultaneously exposed weaknesses in both types of pension plans. Although companies with DB plans have clearly experienced the most immediate consequences of the crisis, companies with DC plans may also be facing a problem that is far greater than they realise.
Building pensions for the future
In the latest AEGON Global Pensions white paper, Martijn Tans, Marketing Director at AEGON Global Pensions addresses the impact of the crisis on multinational companies with DB and DC plans. Addressing such themes as cost, risk and responsibility, he suggests some practical solutions and useful guidelines for multinational companies looking to build robust and sustainable pension plans for the future.
Request the white paper
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Martijn Tans, Marketing Director, AEGON Global Pensions