Course Overview

This timely and comprehensive course is tailored to equip participants with a thorough understanding of the New Pension Reform Act 2014 and its practical implications. Participants will delve into the nuances of the Act's provisions, regulatory compliance, benefits administration, communication strategies, and governance considerations. Through expert guidance and practical case studies, attendees will develop the expertise necessary to navigate the complexities of the New Pension Reform Act 2014 and ensure effective implementation.

Module 1: Introduction to the New Pension Reform Act 2014

• Overview of the key changes and objectives of the Act
• Understanding the implications for pension fund management and administration
• Aligning pension practices with the Act's provisions

Module 2: Regulatory Compliance and Reporting Requirements

• Navigating the regulatory framework established by the Act
• Ensuring compliance with reporting and disclosure mandates
• Addressing legal obligations and fiduciary responsibilities

Module 3: Benefits Administration under the New Act

• In-depth exploration of pension benefits, withdrawals, and portability
• Understanding the Act's provisions for lump sum payments and annuities
• Administering pension benefits while adhering to Act guidelines

Module 4: Effective Communication and Member Education

• Crafting clear communication strategies for pension scheme members
• Educating members about their rights and benefits under the Act
• Building trust and transparency through informative communication

Module 5: Governance and Ethical Considerations

• Upholding ethical standards and governance practices in pension administration
• Navigating conflicts of interest and ensuring transparency
• Complying with Act requirements for governance and accountability

Module 6: Technology and Automation in Compliance

• Leveraging technology for efficient compliance with Act provisions
• Automation of reporting, record-keeping, and data management
• Ensuring data security and privacy in compliance operations

Module 7: Implementing the New Pension Reform Act Effectively

• Developing an implementation roadmap for the Act's provisions
• Addressing challenges and obstacles to effective implementation
• Monitoring progress and adjusting strategies as needed

Course Benefits:

• Gain comprehensive insights into the New Pension Reform Act 2014 and its provisions.
• Ensure regulatory compliance and navigate legal obligations effectively.
• Develop strategies for effective benefits administration and communication.
• Foster ethical governance and transparency in pension administration.
• Leverage technology for streamlined compliance and data management.
• Develop an implementation roadmap for successful Act adoption.
• Benefit from expert guidance to navigate Act intricacies and challenges.

This course empowers participants with the knowledge and skills to navigate the New Pension Reform Act 2014 effectively. By mastering Act provisions, compliance, benefits administration, communication, governance, and technology utilization, participants will be well-equipped to ensure successful implementation of the Act's guidelines, benefitting pension scheme members and stakeholders.

Course Fee

₦185,000

Date & Location

• Date: 17th Sep - 19th Sep, 2024
• Location: Lagos
• Virtual Learning: Available

• Date: 17th Dec - 19th Dec, 2024
• Location: Lagos
• Virtual Learning: Available