Pension Scheme Trustees

RCL advises trustees of employee benefits’ schemes in Kenya, across other East African nations and internationally. The pension schemes range from less than KShs 100 million in assets to in excess of KShs 1 billion in assets. RCL advises both defined benefit and defined contribution arrangements. The pension schemes are either unfunded or invested in segregated assets or in guaranteed funds.

RCL advises trustees of defined benefit pension schemes in the following areas:

  • Scheme funding
  • Scheme governance and risk management
  • Investment strategy and investment default options
  • Risk benefits, e.g. death-in-service, ill-health
  • Cashflow modelling and projections
  • Scheme design
  • Member communications
  • Actuarial guidance and factors
  • Annual funding updates
  • De-risking
  • Pensions’ issues arising on mergers or acquisitions of the sponsor
  • Compliance with pensions’ legislation and relevant regulations

In addition, RCL advises managers of defined contribution pension schemes in the

following areas:

  • Member communications
  • Investment strategy and investment default options
  • Risk benefits
  • Scheme design
  • Scheme review
  • Compliance with pensions’ legislation and relevant regulations
  • IT software solutions for the finance and pensions sector
  • Ad-hoc actuarial advice

To speak to one of our consultants please contact us on: +254(0)701 671750/+254 (0)774 671750 or [email protected]