GEB launches a new international retirement and savings product for its small and medium-sized corporate clients: GEB Horizon Plan.
Horizon Plan is dedicated to companies with an expatriate population including between 20 and 50 members.
The aim is to provide them with a simple and cost-effective solution to protect their workforce abroad, consolidate their benefits plans across the world, and facilitate portability when members relocate.
Retirement and savings are increasingly at the heart of the employee benefits debate. While state-funded benefits are shrinking, employers are called on to help their employees save throughout life and ensure for them a comfortable retirement. This is particularly true for mobile employees, who risk being prevented from accessing or preserving their social protection rights.
Companies may face an extra challenge in ensuring them an appropriate coverage while monitoring multiple jurisdictions, and need dedicated support to unlock opportunities that mobility of skills and talents can offer while reducing administrative burden.
GEB Horizon Plan provides small and medium-sized companies with a simple access to the largest and strongest network in the world, with its best-in-class expertise, tailored solutions and superior services for their employees.
As a single portable plan that operates across geographical borders, Horizon Plan provides a solution for employees when local options are not available or not appropriate. Reconnecting an otherwise fragmented experience, it allows for benefits to continue accruing when members are relocating, so that paid contributions are not lost.
For employers, it is easier to manage than separate contracts across the globe, and enables them to deliver a consistent benefits strategy at global level, independently from the country or nationality of their employees.
Another important advantage is the greater flexibility it offers compared to local solutions. Within an international plan, the benefits design can be tailored to the specific requirements of each company and their members, including a range of options on vesting rights, contribution percentage levels, currency choice, wider investment options and more flexible drawdown options.
Our dedicated customer service helps companies set up an easy and efficient global governance structure, with easy to use reporting and monitoring tools, and includes online tools, informative and educational materials and members’ engagement programs tailored to their different levels of expertise.
Horizon Plan complements GEB’s full range of investment solutions for clients of any size, based on their specific risk appetite and financial objectives. With our 50 years of experience in international employee benefits, GEB is uniquely placed to equip employers with solutions that can give them the edge in a competitive employment market.
More details on Horizon Plan
More details on the full range of International Retirement Solutions
Contacts: InternationalLines@geb.com