Pensions for new DC trustees seminar

Thursday 5 February 2015


New trustees are given six months from the date of their appointment to get up to speed with the statutory Trustee Knowledge and Understanding (TKU) requirements.

This interactive seminar for trustees of DC and hybrid schemes is designed to be a pain free way of helping to meet these requirements. Using case studies, Claire van Rees and Georgina Jones will cover the basics of TKU in relation to DC benefits and provide an overview on key DC topics including, the minimum governance standards, TPR’s DC Code, DC investment, retirement options and communications.

You will have the opportunity to ask questions and also to share your experiences.

What is TKU?

The TKU requirements came into force in April 2006 and are backed by the Pensions Regulator’s code of practice (and specific guidance documents).

In the context of DC benefits, trustees need to be “conversant” with their scheme’s:

  • trust deed and rules
  • statement of investment principles (SIP)
  • any other document recording policy relating to the administration of the scheme adopted by the trustees.

DC trustees are to have “knowledge and understanding” of:

  • the law relating to pensions and trusts
  • the principles relating to investment.

By attending this event you can claim 2.5 hours CPD under the PMI CPD scheme

Register

to attend this seminar

Programme


12.30pm Welcome, registration, and lunch

1.15pm Seminar commences

4.00pm Further discussion, tea and coffee