Consultancy services include collaborating with clients, both private and public sector entities, to develop and implement a customized pension solution that complements the operational efficiencies of the organization. PMI provides guidance throughout the lifespan of the plan. PMI closely collaborates with the client to develop the governance framework, including the Investment Policy Statement, which governs the management of the plan’s assets.

For clients with a pre-existing plan, PMI offers support regarding amending, updating, and revising the plan’s governance framework. With regards to defined benefit pension plans, PMI also assists with revising, supervising, and liaising with actuaries to ensure the plan’s economic viability.

Defined Benefits (“DB”) is a Plan which an employer/sponsor promises a specified monthly benefit on retirement that is pre-determined.

Defined Contribution (“DC”) is a Plan which a certain amount or percentage of money is set aside each year by a company for the benefit of the employee.

Contact us to discuss your options in customizing a plan best suited for your organization.