Managing Pension and Retirement Funds Effectively
To manage the Fund with a high standard of care and in accordance with legislation, recognizing the needs of all stakeholders in the Retirement Plan, to the manner in which pension funds are managed . There is nothing worse for employees who are pension fund members to learn that their pension fund has been mismanaged and that this might lead to them not receiving their benefits when they exit the fund. It advocates for effective management of pension funds, and proposes that company law principles relating to corporate governance should be followed by boards of trustees who manage pension and Retirement funds.
The training concentrate on Retirement Funds and Trustees, covering the structure of a retirement fund, different fund types, industry role-players, benefits payable and trustees’ duties and responsibilities. Training on fund documents and death benefit covers, fund regulation and how to conduct trustee meetings.
It also explains the correct interpretation and application of Pension fund legislation and to provide practical solutions for problems which exist in practice.
This course provides advanced knowledge and management tools for the effective supervision and administration of on private and public pension funds with regards to pension reform and good governance