Day-long courses will target new and inexperienced trustees as well as those looking to refresh their knowledge of trustees' responsibilities
William M Mercer is staging a series of day-long courses called Basic Pensions Knowledge ' Defined Contribution Plans for Trustees.
The courses are designed for new and inexperienced trustees, as well as others looking to refresh their knowledge, and aim to provide a grounding in the role and responsibilities of trustees and the management of an occupational defined contribution (DC) plan.
Richard Giles, European principal at Mercer, said issues to be covered include plan management, the legislative framework, contribution and benefit adequacy, investment options and communication with members.
Case studies and workshops are included in each course.
Giles, who developed the course, said: 'The growing popularity of DC plans, as well as Paul Myners' recommendations, have produced an unprecedented demand for courses of this type.
'Clearly, trustees need to gain a solid grip of the current issues in pension scheme management and a clear understanding of their role and responsibilities in the current heavily regulated environment.'
The first course will take place in London on 6 March, with further events planned throughout the year until 12 December. There will be a further five London courses and one each in Manchester, Glasgow and Warwickshire.
The launch of the WM Mercer courses follows the announcement of Scottish Life's national conference tour, headed up by Steve Bee, the group's head of pensions strategy.
The 1% World Tour for intermediaries begins in Edinburgh on Monday 25 February and visits a further 20 locations around Scotland, England, Wales and Northern Ireland.
The focus of the tour, in which Bee is supported by Royal London Asset Management's head of business development Stan Bland, will be on changes in pensions legislation and technical issues that face intermediaries selling life business.
A particular focus will be on the benefits to advisers of the changed pension environment following the introduction of the new defined contribution regime.
After Edinburgh, the tour goes on to Glasgow, Newcastle, Leeds, Manchester and Liverpool, before heading into the Midlands. There it stops at Nottingham, Birmingham, and Northampton. Venues further South include Norwich, London, Harrow, Redhill, Reading, Maidstone, Romford, Brighton, Southampton and Bristol.
The tour concludes with Cardiff on 10 April and Belfast on 11 April.
For further information on the WM Mercer courses, contact 0207 963 3193 or email [email protected] wmmercer.com.
Intermediaries interested in attending the Scottish Life conferences should call 08457 19 20 21, fax 0207 200 4836 or email [email protected]
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