Ensuring an expatriate and their family are properly covered for pension, sickness, unemployment, disability and other risks is a crucial part of the assignment package. But when it comes to international pension and insurance, protecting your business and looking after your employees is difficult.
Expatriates constitute a distinct category of employees, very different from other (local) employees. They are typically few in number as compared with local staff numbers and are repeatedly confronted with breaks in their contribution patterns to the mandatory (state) pension schemes of their home country and to additional corporate or private pension schemes. Furthermore, their mobile careers can bring them into very diverse legal, pensions and cultural environments from one country to another and this calls for assistance and support in various areas. The fundamental elements of a high-quality pension plan for expatriates are adaptability in the contractual framework, flexibility, control and security.
Optimal pension and insurance solutions need to match the complicated and ever changing international pension and insurance regimes and be customized to your needs. Our pension + insurance experts can provide integrated tax and legal advice on retirement, survivors' and disability pension plans as well as on additional income schemes for redundancy payments and annuities.
We listen very carefully to the needs of each client in each specific situation before offering tailor-made pension and insurance advice. We also advise on such typical cross border issues as international split salary solutions, international redundancy payments and international transfers of pension capital. We act exclusively in the interest of our client and advise independently on all possible schemes or insurances irrespective of the providers.
We aim to offer solutions which will bring peace to mind for both the employer and the employee, helping to ensure the success of the expatriate's assignment and a financially secure retirement.