Financial, actuarial and business consultants, LCP, has announced the expansion of its international network into Mexico, Russia and the Commonwealth of Independent States ("CIS") countries, with the addition of two new member firms: Vitalis Actuaires (Mexico) and Pension & Actuarial Consulting ("P&AC") (Russia and CIS).
The move will give access to local specialist support to LCP clients wishing to expand in these emerging markets.
Commenting on the move, Colin Haines, international partner at LCP, said:" The emerging markets are proving to be attractive economies for investment and growth, as indicated by the recent business delegation to Russia led by the UK Prime Minister."
"Many of our clients are focusing on these regions to deliver the next stage of their business strategies. It is therefore essential that companies and investors understand the pensions systems in these countries - and the impact these have on employment costs and business risks - when expanding in these regions.”
LCP, through its long-standing association with Alexander Forbes, is also able to provide comprehensive advice across the whole of Africa, and the firm’s global reach was further extended earlier this year with the opening of an LCP office in Abu Dhabi.
Formed in 1991, LCP’s international network of independent actuarial consulting firms provides a full range of local and international consulting services in the areas of pensions, investment, insurance and employee benefits. Each firm in the network is independently owned and managed, and is able to develop their own business to best meet local needs.
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