Course Aims

This 2.5 day course enables participants to develop knowledge and understanding of pension scheme trusteeship, and helps individuals to become conversant in scheme specific trustee matters. The course is ideal for those who are already conversant with the basic principles of trusteeship - for example, those who have attended An Introduction to trusteeship.

Attendees benefit from real life and scenario case studies and networking with experts and peers. The course acknowledges that trustees may be responsible for both defined benefit and defined contribution schemes. The course also helps those individuals who wish to fast track their training on a wide variety of trustee issues.

Learning outcomes

On completion of the course participants will:

• recognise the structure of UK occupational, state and personal pension arrangements
• be able to identify the main areas of responsibility for pension scheme trustees including duties under trust law and regulations
• be aware of the key financial and investment risks attached to pension scheme trusteeship in DB and DC schemes
• be familiar with the key funding issues in DB schemes
• recognise the influence the Government and regulatory bodies have on pension trustee activity
• be able to identify the extent of trustee protection and liability
• recognise the key requirements of scheme and trustee administration

Target audience

• Trustees with at least 6 months' experience
• Anyone who has attended An Introduction to trusteeship.
• Local Authority pensions committee members who carry out trustee duties

Attendance at this course will help trustees to comply with units 1 to 10, 12 and 13 of the Pensions Regulator’s TKU scope guidance for trustees of DB schemes.