Effective Trusteeship Induction Programme

Overview

The dynamic nature of the retirement benefits industry driven by a number of factors such as changes in regulations, member expectations, social and economic indicators has continued to exert extra governance requirements for trustees and secretariat to effectively discharge their duties. Therefore, the role of trustee is prestigious and onerous at the same time. Being appointed to trusteeship is an honor which comes with responsibilities and liabilities. The importance of this training is further driven by the dynamics within the industry which have necessitated greater focus to trustees on pension scheme structures, investment policies, strategies and risk management As a Trustee this programme will enable you understand what are you expected to deliver to the scheme stakeholders and the essential knowledge that is required to carry out the duties. 

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Key Thematic Areas

1. Interpretation and understanding of investment reports, scheme accounting reports and custodian Report. 

2. Understanding Trust Law Fundamentals and Trustee Fiduciary Responsibility. 

3. Pension Scheme Regulatory Framework and Governance Best Practices Risk Management framework for pension schemes and Internal Controls. 

4. Effective Member Communication strategies with scheme members and Stakeholder Engagement. 

5. Emerging Trends and Innovation in Pensions that is digitalization and technology adoption in scheme administration