Accountancy firms
As accountant you are the advisor and counselor of your clients. You have frequently been asked for your advice about pensions and other income related provisions.In order to answer pension issues you have to dig deep into the substance of the matter.
Pension and the legislation has become more complex over the years. Therefore it is hard to keep your knowledge about pensions up to date. At the same time your client expects a professional advice.
We are your business partner when it comes to pensions.
Our services may consist of the following:
- Fiscal calculations pension obligation regarding self-administered pension
- Commercial/market price calculations pension obligation regarding self-administered pension
- Optimalization calculations regarding self-administered pension ( purchase of past years of employment)
- Calculations regarding needed death risk capital towards commitment self-administered pension
- Calculations regarding annual allocation external self-administered pension
- Providing insight into financial consequences depositing self-administered pension at insurer.
- Draw up fiscally accurate pension agreement that is also tailored to the client’s personal situation.
- Providing insight into fiscal risks regarding pension commitment self-administered pension. (indexation, to waive pension rights)
- Contribute to technical training in your organisation.
We approach pensions for employees also from the audit role of the auditor. In such cases we focus on the audit task of the auditor on behalf of the audit and compilation practice. The pension provision on behalf of employees represent the largest liability of a legal entity. Hence, extra attention is required considering article 2:362 of the Civil Code.
We have developed some instruments that may support you as accountant/auditor in advising your client. In addition, we may help you with more complicated issues.
Our services may consist of:
- BPF (Act on Compulsory Membership of a Sector Pension Fund) scope investigation
- Providing insight into risks of current execution agreement and pension agreement (quick scan)
- Reviewing pension scheme rules, execution agreement and pension agreement in the event of prolongation or new collective pension scheme.
- Setting up, modify or extend collective pension scheme within legal and fiscal framework.
- Calculations regarding the legal right to value transfer
- Due diligence review of pension scheme
- Contribute to technical training in your organisation