Pensions investment briefing
Course
In
Description
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Type
Course
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Start date
Different dates available
Background
The Pensions Act requires all Trustees of Pension Funds to have knowledge and understanding of a wide range of investment issues, instruments and practices.
This two day course is designed to present the main and secondary elements needed in a useful, entertaining and practical fashion. No specific prior knowledge is assumed.
Delegates
- Trustees both in Pension Funds and Charities.
- Investment Executives in Pension Funds
- Lawyers and Accountants (CPD Credit)
- IFA's
- Pension Fund Administrators
- Fund Management Support Staff
This course may be eligible for CPD or CPE requirement.
Facilities
Location
Start date
Start date
Reviews
Subjects
- Risk
- Budgeting
- Investment
- Credit
- Returns
- Private
- IT risk
- Accountants
- Fund Manager
- Pension Funds
Course programme
Legal Requirements
- The requirements of the Pensions Act 2004
- What Trustees need to know and understand
- Acutarial confusion on proper asset allocation
- The Pensions Comission Report
- Does the Boots portfolio apply elsewhere?
- The Impact of the new funding requirements
- The impact of EU Pensions Directive
Investment Content
- The main investment classes: Equities, Bonds, Cash, Real Estate. Investment risks explained.
- Historical returns and performance.
- Hedge Funds and Private Equity explained.
- Equity Sector selection
- Investment styles: Growth, Income, Value, Smaller Company, Indexation, Defensive, Cyclical.
- Using risk to reduce risk.
- Why invest overseas?
- The meaning and importance of Bond Ratings.
- The benefit and limitations of diversification.
- Portfolio construction approaches: Top down v Bottom up.
- What is Tracking Error and Risk Budgeting.
- Other Portfolio approaches: Satellite and Core, Indexation- Tilted & Enhanced, Fund of Funds, Multi-Manager, Balanced.
- Benchmark selection and Tailored Benchmarks.
- Investment objective considerations.
- Managing Risk: The tools of derivatives and overlays: how they can be used and the considerations.
- Fund manager risks
- Considerations in selecting and rewarding a Fund Manager.
Todays Date: 8 September 2017
Duration 2 days
Pensions investment briefing