Introduction
This course focuses on the principles, practices, and strategies involved in managing pension funds. Pensions are financial arrangements that provide income to individuals, usually after retirement, and pension management involves the administration and investment of funds to ensure that there are sufficient resources to meet future pension obligations.
Duration
5 Days
Who Should Attend?
- Pension Fund Managers
- Financial Planners and Advisors
- Legal and Compliance Professionals
- Government Officials
- Corporate Executives
Course Level:
Course Objectives
- Explore the various types of pension funds, such as defined benefit plans, defined contribution plans, and hybrid plans.
- Examine the legal and regulatory frameworks governing pension funds.
- Analyze advanced investment strategies relevant to pension funds.
- Study asset allocation techniques and risk management strategies.
- Evaluate the impact of market conditions on pension fund investments.
- Understand the different types of risks associated with pension funds, including market risk, credit risk, and longevity risk.
- Explore risk mitigation strategies and compliance requirements.
- Learn actuarial principles and techniques used in pension fund valuation.
- Understand funding methods and strategies to ensure the long-term sustainability of pension plans.
- Stay abreast of current trends in the pension industry.
- Anticipate future developments and challenges in pension management.
Course Outline
Module 1: Introduction to Pension Management
· Overview of Pension Systems
· Importance of Pension Management
· Regulatory Environment and Compliance
· Historical Perspective and Evolution of Pension Systems
Pension Fund Investment Strategies
· Asset Allocation Strategies
· Risk Management in Pension Investments
· Alternative Investments in Pension Portfolios
· Environmental, Social, and Governance (ESG) considerations
· Case Studies on Successful Pension Fund Investment Strategies
Module 2: Pension Fund Actuarial Principles
· Actuarial Valuation of Pension Liabilities
· Determining Funding Levels and Contributions
· Risk Assessment and Management in Actuarial Models
· Stress Testing and Scenario Analysis
· Interest distribution
Module 3: Legal and Regulatory Framework
· Pension Legislation and Regulation
· Compliance and Governance Best Practices
· Ethical Considerations in Pension Management
· Emerging Trends in Pension Legislation
· Comprehending regulations specific to port industry pensions.
Pension Fund Administration
· Record-keeping and Data Management
· Participant Communication and Education
· Technology and Innovation in Pension Administration
· Outsourcing and Third-Party Administration
· Post Retirement Medical Fund (PRMF)
Module 4: Retirement Planning and Distribution
· Retirement Income Strategies
· Longevity Risk Management
· Annuities and other Retirement Products
· Tax Considerations in Retirement Planning
Module 5: Global Perspectives on Pension Management
· Comparative Analysis of Pension Systems Worldwide
· Cross-Border Pension Issues
· International Pension Fund Investments
· Global Trends and Innovations
Emerging Trends and Technologies
· Fintech and Insurtech in Pension Management
· Blockchain and Cryptocurrencies in Pension Transactions
· Artificial Intelligence in Risk Management and Decision-Making
Related Courses
Course Administration Details:
METHODOLOGY
The instructor-led trainings are delivered using a blended learning approach and comprise presentations, guided sessions of practical exercise, web-based tutorials, and group work. Our facilitators are seasoned industry experts with years of experience, working as professionals and trainers in these fields. All facilitation and course materials will be offered in English. The participants should be reasonably proficient in English.
ACCREDITATION
Upon successful completion of this training, participants will be issued an Indepth Research Institute (IRES) certificate certified by the National Industrial Training Authority (NITA).
TRAINING VENUE
The training will be held at IRES Training Centre. The course fee covers the course tuition, training materials, two break refreshments, and lunch. All participants will additionally cater to their travel expenses, visa application, insurance, and other personal expenses.
ACCOMMODATION AND AIRPORT PICKUP
Accommodation and airport pickup are arranged upon request. For reservations contact the Training Officer.
- Email: [email protected]
- Phone: +254715 077 817
TAILOR-MADE
This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our IRES Training Centre or at a convenient location. For further inquiries, please contact us on:
- Email: [email protected]
- Phone: +254715 077 817
PAYMENT
Payment should be transferred to the IRES account through a bank on or before the start of the course. Send proof of payment to [email protected]
Click here to register for this course.
Register NowCustomized Schedule is available for all courses irrespective of dates on the Calendar. Please get in touch with us for details.
Do you need more information on our courses? Talk to us.
