A sub-department within WTS Global Mobility was initiated, as it was experienced that the pension matter is a very specific domain within global mobility, especially considering the many facets to be taken into account when advising in this field. Therefore, it was preferable to create a sub-group of pension tax and social security experts.
The following participants gave an introduction on their country’s pension system (legal, occupational and individual pensions) and corresponding tax and social security regime:
During these interactive sessions, also the differences between the countries’ pension systems were discussed, as well as the (non-)popularity of second and third pillar pension products.
The round table gave the opportunity to share experiences, discuss business development initiatives, and brainstorm on future ideas in view of the ‘Global Mobility Focus Group on Pensions’.
It was a great kick off for this new project, which will certainly be continued!
With this newsletter we give an overview of recent or expected changes in the area of Global Mobility in different countries.
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