UK - William M Mercer is running a new, basic course in defined contribution pension plans for personnel in human resources, finance and administration.
The one-day course, due to take place in London on February 27, will provide guidance on what makes successful DC plans and how they can be managed effectively. The content will be appropriate for all types of plan - occupational DC, stakeholder and group personal pensions.
Richard Giles, European principal at Mercer and a speaker on the course, said: Each year, defined contribution plans increase in popularity, and there is growing demand for basic training in how they should be run and the key issues being faced - such as governance, investment options, member communication and benefit adequacy.
The course, entitled Basic Pensions Knowledge - the Operation of Defined Contribution Plans for All, is designed to be interactive with case studies, workshops and question and answer sessions.
For further information about the course, contact Eldorna Mapp on 020 7963 3193.
By Luke Clancy
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).