Effective Pension Fund Governance and Regulations
Course Overview
Effective Pension Fund Governance and Regulations course, you will gain a broader perspective to pension and pension governance and regulation, and will thus be more capable and confident of driving changes for the betterment of pension schemes and plans.
• Increased understanding and knowledge of pension plans and pension governance and regulation
• Greater ability and expertise to closely review existing pension schemes of one’s organisation, identify gaps and correct them
• More awareness of universal standards and policies related to pension and replication of these in one’s organisation to ensure compliance and adherence
• Increased skills and knowledge to suggest changes to existing plans from the viewpoint of enhancement or devise new plans for the benefit of employees
• Greater abilities and confidence to handle change related to pension and pension policies in the organisation
• Increased confidence and broadened perspective to foresee and pre-empt challenges and risks to effective pension governance and regulation and address these well in time
• Increased capability and confidence to play a pivotal role in pension scheme management, governance and regulation in one’s organisation, thus demonstrating one’s talent, skill and preparedness to undertake additional roles and responsibilities for career growth and progression
• A sense of pride and satisfaction in helping one’s organisation assume competitive advantage as an employer and in devising the best plans and policies for the benefit of employees
Training Format:In-class, Virtual, In-house
Location:Lagos, Accra, Nairobi, Kigali
Language:English, French
Nigeria Price:
₦349997
Int'l., (Nigeria) Price:
$1000
Ghana Price:
$4000
Kenya Price:
$5500
Rwanda Price:
$6000
Nigeria Price:₦349997
Int'l., (Nigeria) Price:
$1000
Ghana Price:
$4000
Kenya Price:
$4000
Rwanda Price:
$4000
Nigeria Price: ₦349997
Int'l., (Nigeria) Price:
$1000
Ghana Price: $4000
Kenya Price: $4000
Rwanda Price: $4000
Overview of Pension, Pension Governance and Pension Regulation
• Definition of pension
• Importance of pension governance
• Importance of pension regulation
• Types of pensions
• Defined benefit pension
• Defined contribution pension
Factors Determining Defined Benefit Pension
• Final salary at retirement
• Tenure of employment with the employer
• Accrual rate
Factors Determining Defined Contribution Pension
• Money paid by the employee into a pension
• Money paid by an employer into a pension
• Tax relief received by the employee
• Performance of employee investments
Benefits of Saving into Pension
• Employer contribution
• Tax relief
• No inheritance tax
• Diversified, well-managed investment portfolio
Possible Recipients of Public Pension Schemes
• Civil servants
• The judiciary
• Local government workers
• Teachers
• Health service workers
• Fire and rescue workers
• Members of the police forces
• Members of the armed forces
Potential Risks to Pension Funds
• Financial crises
• Dishonest employer and pension managers
• Lack of financial literacy of employees
Objectives of Pension Fund Regulation
• Rule and standard creation to protect against theft
• Ethical standard creation for pension managers
• Supervision of performance and activities of pension managers
• Penalty issuance on offence or non-adherence to rules
• Representation of the voice of individual workers to ensure pension security
Focus Areas for Regulation in Case of Pension Management by Agencies
• Risk aversion
• Outcome uncertainty
• Goal conflict
• Task programmability
• Outcome measurability
• Length/tenure of agent–organisation association
Stakeholders of Public Pension Funds
• Plan participants
• active members/current contributors
• retired member/current recipients
• survivors and dependents of active and retired members
• Government
• Taxpayers
Board-Related Focus Areas in Pension Governance and Regulation
• Board composition
• Nomination and termination
• Accountability
• Performance measurement
• Definition of roles and responsibilities
• Standards of behaviour
• Information management and transparency
Benefits of Good Pension Governance and Regulation
• High pension fund performance, low stakeholder cost
• Lowered overregulation costs
• Appropriate and effective supervision by authorities
• Positive effects on economic efficiency
Challenges in Pension Governance and Regulation
• Corruption and misconduct
• Lack of expertise of the governing body
• Agency issues
• Uncertain population dynamics
• Lack of required resources and skill
• Conflicts of interest
• Lack of incentives for fund managers
• Board member issues
• Lack of discipline
• Lack of skill and expertise
• Unclear, undefined responsibilities
• Incorrect member selection
Methodology
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical experience, emphasizing the application of learned techniques. This approach ensures that attendees return to their professional environments equipped with both the competence and self-assurance to effectively implement the acquired skills in their responsibilities.
1ST BATCH: Tuesday, March 3, 2026 — Friday, March 6, 2026.
2ND BATCH: Tuesday, June 23, 2026 — Friday, June 26, 2026.
3RD BATCH: Tuesday, October 20, 2026 — Friday, October 23, 2026.
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and
illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical
experience, emphasizing the application of learned techniques. This approach ensures that attendees return
to their professional environments equipped with both the competence and self-assurance to effectively
implement the acquired skills in their responsibilities.
