IAS19 & Funding Valuations
We are among the most experienced actuarial consultants in Southern Africa in terms of our involvement in IAS19 and funding valuations. Between our partners, we have been involved in over 500 IAS19 valuation and countless funding exercises within South Africa, Namibia, Zimbabwe and Lesotho.
We have also developed market-leading models and intellectual property for the purposes of projecting and quantifying these liabilities. These IAS19 and funding models provide us with the competitive advantage of being able to offer improved accuracy and efficiency; an enhanced understanding of the projected progression of entitled members and corresponding costs of subsidy provision; flexibility in allowing for complex subsidy structures; and scenario testing for the purposes of IAS19 and funding strategy development.
Why Choose Us
- Long service awards
- Employer obligations
- Minimise the cost of subsidy provision
- Post-retirement medical aid subsidies
- Improve the management of subsidy entitlements
- Minimise the risk (current and future) of subsidy provision
Key Capabilities
- IAS19 valuations
- Funding valuations
- Liability buy-out reviews
- Subsidy entitlement reviews
- Assessment of optimal liability strategy
- Subsidy management model development