GERMANY – Towers Perrin and Rauser AG, a major German retirement benefits consultancy firm, have established Rauser Towers Perrin GmbH, a new joint venture company that aims to assist companies across Germany in the implementation and administration of their pension programmes.

Based in Reutlingen, the idea to establish the new company comes in the wake of the pensions reform in Germany which is stimulating demand among companies to set up cost-effective and sustainable new pension schemes to complement their existing retirement provision arrangements, such as insured funds and Pensionskassen.

The new company will have an initial staff of 12, led by managing director, Bernd Rümmelein, who comments: “At Rauser Towers Perrin we are capitalising on our strengths. With our specialist national and international resources, we are able to create pension programmes that are attractive to employees, yet remain cost-effective and transparent for companies.”