Description

We all want to retain the same standard of living when we retire so that the years of hard work finally pays off. And pension is the key to ensure that. But the question is - are you well-versed in the laws and regulations around pension schemes, or your rights regarding them?

Retirement may look like a blissful phase of life, but it can turn into a nightmare without financial solvency. Pension is the fund into which an amount of money is deposited throughout an employee's working years and from which monthly payments are extracted to finance retirement. It is the safety net that retirees rely on to keep this golden period lasting.

Although pension planning can be quite complex, a proper guideline on the topic can help you with that. Also if it's a well-articulated course, it can also lead you to a plethora of rewarding career opportunities. Our course checks all the requirements above, where you can learn everything in no time!

This course is endorsed by the Quality Licence Scheme, ensuring your newly acquired skills will enhance your professional development.

Meet the Accreditation

The CPD Certification Service (CPD UK) assures this course training and learning activities are relevant, reliable, and upto date.

What you'll get out of this course:

Acquire an extensive understanding of the UK systems.

Get to know different sorts of schemes, including their characteristics.

Learn about the law and regulation.

Gain a solid understanding of the main challenges in the UK system

Develop a strong knowledge of pivotal topics like auditor, actuary, custodian, etc.

This masterclass online training course is designed by industry experts and will give you an in-depth understanding of this topic. The course features easy-to-digest modules that break down each topic and ensure all our students receive an unrivalled and thorough learning experience.

Enjoy a pleasant and professional 100% online learning experience and enrol in our course today and take control of your career!

Course Curriculum:

Module 01: Overview of the UK system

Pension Schemes

Key Terms

The Private Pension System

Public Service Pension System

The Objectives

Module 02: Type of Schemes

The State Scheme

Defined-Benefit Scheme

Defined-Contribution Scheme

Personal Scheme

Module 03: Pension Regulation

The Pension Regulators (TPR)

The Approach

Key Roles

Module 04: Pension Fund Governance

Governance Structure

Identification of responsibilities

Governing Body

Expert Advice

Auditor

Actuary

Custodian

Accountability

Suitability

Governance Mechanisms

Internal Controls

Reporting

Disclosure

Redress

Module 05: Law and Regulation in the UK

Pension Act 1995

Public Service Pension Act 2013

Pension Act 2021

Module 06: Key Challenges in UK System

Pension Administration

Key issues in the Defined-Contribution scheme

Key issues in Defined-Benefit scheme

How is the Course assessed?

To simplify the procedure of evaluation and accreditation for learners, we provide an automated assessment system. For each test, the pass mark will be set to 60%.

CPD

120 CPD hours / points Accredited by The CPD Certification Service

Who is this course for?

This course is ideal for

Students

Recent graduates

Job Seekers

Anyone interested in this topic

People already working in the relevant fields and want to polish their knowledge and skill.

Requirements

There are no specific prerequisites to enrol in this course. Anyone and everyone can take this course.

The course is fully accessible from any internet-enabled smart device. So, you can study from the comfort of your home!

All you need is a passion for learning, literacy, and being over the age of 16.

Career path

This course will help you procure a job in the relevant field and will allow you to advance your career. Explore jobs such as:

Pension Administrator: £40,000 to £80,000

Pension Consultant: £60,000 to £120,000

Pension Analyst: £50,000 to £90,000

Retirement Plan Specialist: £60,000 to £110,000

Pension Account Manager: £70,000 to £130,000

Pension Actuary: £90,000 to £200,000

Certificates

Certificate of completion

Digital certificate - £9

Certificate of completion

Hard copy certificate - £79

QLS Endorsed Certificate

Hardcopy of this certificate of achievement endorsed by the Quality Licence Scheme can be ordered and received straight to your home by post, by paying -

Within the UK: £79

International: £79+ £10 (postal charge) = £89

CPD Certification Service Accredited Certification

Hardcopy Certificate (within the UK): £15

Hardcopy Certificate (international): £15 + £10 (postal charge) = £25

Course Images

Level 3 Pension Training Course

By One Education

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