What are the advantages that OpsionProtect offers to companies?
The OpsionProtect solution gives a medium-sized company the opportunity to create a turnkey pension fund. In the event of sub-par coverage, the company will be entitled to demand the transfer of its fund to the Opsion Common Fund, to benefit from an easier reorganisation thanks to the favourable demographic structure of the Common Fund and positive cash flows due to its growth. If the pension fund performs well, it can create a reserve for the fluctuation of values of assets, which, like provisions, will “belong” to its insured, notably in the event of departure. This is not the case today for a company leaving a collective foundation.
If the company decides to keep its pension fund at the end of OpsionProtect, will it have carry out its management alone?
After 3 years of support and regular meetings to explain the decisions taken, the Pension Commission, made up of employee and employer representatives, may, for example, take back control of the elements that influence the level of benefits but continue to delegate the management of wealth. Or, vice versa. Whichever decision is taken, our team of actuaries and investment consultants will always be available to assist. The members of the Pension Commission must be able to make informed decisions and with confidence in order to protect the interests of the insured.
Why is he choice of certain service providers exclusively with the remit of Opsion?
For legal and good governance reasons, certain tasks must be entrusted to service providers selected by the Foundation Board. These are the auditors, the LPP expert and the technical and administrative manager. They make it possible to guarantee companies and the insured, the legal and financial security of data, each in their respective fields. This guarantee is one of the many advantages of this platform. Relieved of the governance matters, representatives can thus focus on strategic decisions and benefit from the flexibility of the Foundation without taking on the responsibility of a foundation board member. Autonomy can only be of benefit under such conditions!