1. Pension Management
In the business field of pension management, the department is the central contact and coordinator for all pension management aspects in the customer business of Helaba.
For the funding and insolvency protection against insolvency of pension liabilities, Helaba’s customers are provided with a Multi-Employer-CTA (Contractual Trust Arrangement), the Helaba Pension Trust e.V. This is a well established and cost-effective alternative to customer implemented CTA structures. In particular in connection with M & A situations, it is used as a follow-up solution for the customer’s existing CTA structures. A CTA structure allows to create plan assets under IFRS/US GAAP and German GAAP. This is to meet the respective requirements for a netting of the pension liabilities under the respective accounting standards. Furthermore, in cooperation with an insurance company, Helaba offers its customers an integrated CTA and a pension fund solution.
Moreover, the department offers solutions for other pension-related issues, in particular the insolvency protection of employee’s time accounts ("Arbeitszeitkonten") and the exit from public pension schemes. Insurance-based solutions in particular pension fund solutions are provided jointly with partners.
2. Balance Sheet and Tax Efficient Transactions
The department designs and implements tax and balance sheet efficient transactions for the Bank and customers. It supports other departments of the Bank, primarily in the Corporate Finance division, in the structuring and implementation of transactions in which tax and balance sheet aspects are concerned.
