Managing Defined Benefit and Legacy Pension Schemes Effectively

This course is designed to equip participants with the knowledge, skills, and practical strategies required to effectively manage Defined Benefit (DB) and legacy pension schemes in a dynamic regulatory and financial environment. Participants will gain a comprehensive understanding of pension scheme governance, funding requirements, actuarial considerations, risk management, regulatory compliance, benefit administration, and stakeholder communication. The course aims to enhance participants' ability to ensure scheme sustainability, protect member benefits, optimize asset-liability management, and address the challenges associated with legacy pension obligations while adopting best practices in pension fund administration and oversight.

Learning Objectives

By the end of the course, participants will be able to:

• Understand the structure, features, and operational principles of Defined Benefit and legacy pension schemes.
• Analyze funding, valuation, and actuarial issues affecting pension scheme sustainability.
• Apply effective governance and regulatory compliance frameworks in pension scheme management.
• Identify and manage key risks, including investment, longevity, funding, and operational risks.
• Develop strategies for managing legacy liabilities and pension deficits.
• Evaluate asset-liability management approaches to support long-term scheme objectives.
• Improve pension administration processes and member service delivery.
• Communicate effectively with trustees, sponsors, regulators, and scheme members.
• Assess emerging trends and reforms impacting Defined Benefit and legacy pension schemes.
• Implement best practices to ensure the efficient, transparent, and sustainable management of pension schemes.

Course can be held online

Course Booking

Please use the “book now” or “inquire” buttons on this page to either book your space or make further enquiries.