Trustee Training 6 – Retirement Fund Contribution Regulation

1.5 CPD

R146.60

Trustees of retirement funds have extensive obligations and duties as per the Pension Funds Act, Regulations to the Act and Pension Fund Circulars issued by the Registrar of Pension Funds. As Trustees are fully responsible for a retirement fund on behalf of its members, they need to understand their obligations and duties in order to act in the best interests of members.

In this course we will introduce the key role players to a fund, key regulation that impacts on funds and focus on regulation that applies to contributions. This course is particularly suited for advisors who deal with employee benefits and retirement fund arrangements as well as Trustees who wish to gain a greater understanding of their duties and obligations.

Description

Focus Area

  • Understand the role players, retirement fund regulation and duties of Boards of Management (Trustees and the principal officer) as per the Pension Funds Act
  • Understand regulations that apply to contribution payments and the legal implications of arrear or late payment of contributions

Who should register?

Financial advisors

CPD information

1.5