Prevention is Better then Cure: Acturial Valuation Set-up

The season of December and January is always a very busy time for companies as this marks the closure of corporate books in time for regional reports and the audit period. Part of the year end requirements is the valuation of retirement liabilities for the PAS19 actuarial valuation. The Miravite Actuary explains why having an early valuation is advantageous to companies and their Finance Teams. Why Have an Early Valuation Promote Efficiency. Reduces peak workload when all reports are due (AFS, tax, year-end reports, regional/HQ reports) Mitigate Expense. See results early and manage liability and expenses for the current and following valuation periods Anticipate Volatility. Foresee fluctuations in times when interest rates go up and down