In 1996, Aurion developed a comprehensive pension
fund outsourcing solution. It is designed to help corporate pension
fund executives and investment officers manage defined benefit and
contribution pension plans. This service is intended to offer:
- Potential cost savings for the plan sponsor in the management
and administration of pension plans;
- Improved pension governance through comprehensive documentation
and management of the numerous relationships involved in pension
plans;
- Access to the experience, knowledge and continuity provided
by the team of pension and investment professionals at Aurion;
and
- The potential for better performance within risk/reward parameters
acceptable to the pension plan.
Under the outsourcing solution, Aurion can customize the array
of services provided. In the most comprehensive form, outsourcing
would include the management of all activities other than benefit
and plan design, for a single all-inclusive fee.
In other structures, outsourcing could include various facets of
the investment management program, from the development of an Investment
Policy and asset mix, to manager performance assessment and fund
reporting with an unbundled fee arrangement.
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