Pension Trustee of Scheme, Fund and Liability Insurance Training Course

• an in-depth understanding of pension and relevant pension plans and funds worldwide
• thorough knowledge and experience of all core responsibilities of a pension plan and fund administrator
• the required experience and knowledge to train other professionals on responsibilities and duties of pension plan and fund administrators
• the necessary confidence and information to help one’s organisation stay ahead of the competition with trained administrators successfully taking care of clients’ needs
• the knowledge and skill at par with a certified pension plan and fund administrator, thus inviting equal opportunities for career growth and progression
• the skill and experience to foresee challenges and take necessary steps and important, timely decisions to avoid business loss or client dissatisfaction
• the capabilities and confidence to place one’s organisation on a global platform and make a mark for the organisation, thereby fostering organisational growth and development
• the knowledge and understanding to ensure continuous update of policies, procedures and databases as per required standards and changing market dynamics
Course Content
Overview of Pension
• Definition
• Factors influencing calculation
o Years of service
o Age
o Compensation
• Broad categories of pension plans
o Defined benefit plans
o Defined contribution plans
Overview of Pension Funds
• Basic structure
• Regulations
• Investment mandates
• Investment styles
Core Tasks of a Plan Administrator
• Enrolling employees in respective pension plans
• Calculating plan beneficiary entitlement
• Making scheduled payments to beneficiaries
• Ensuring maintenance and provision of accurate plan data
• Paying pension benefits to ex-spouses of beneficiaries
• Fielding questions, concerns and complaints from beneficiaries
Features and Benefits of Pension Plans
• Guaranteed pension/income
• Tax efficiency
• Liquidity
• Vesting age
• Accumulation duration
• Payment period
• Surrender value
Types of Pension Plans
• Executive pension plan
• Group/social pension plan
• Master trust pension
• Self-invested personal pension
• Small, self-administered schemes
• Stakeholder pension
Benefits of International Pension Plans (IPPs)
• Unique and dependable backing
• Freedom to invest
• Tax-efficient planning opportunities
• Asset protection
Important Features/Factors of Defined Benefit Pension Funds
• Flat benefit formula
• Career average formula
• Final pay formula
• Fully funded
• Underfunded
• Overfunded
Factors Influencing Pension Plan Investments
• Knowledge of plans and schemes
• Investment tradition
• Self-incentives (defined benefit versus defined contribution)
• Legal and regulatory factors
• Global financial regulation
• Risk mitigation tools
• Income growth
• Unemployment rate

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.

DATE:
1ST BATCH 11th – 14th Mar,2025
2ND BATCH: 15th – 18th July,2025
3RD BATCH: 18th – 21th Nov,2025