Course Overview

This dynamic course is meticulously designed to equip participants with the specialized skills to effectively assess and manage risks faced by pension plans. Participants will explore the intricacies of risk identification, probability assessment, impact evaluation, risk mitigation strategies, and contingency planning. Through expert guidance and real-world case studies, attendees will develop the expertise needed to excel in identifying and mitigating potential risks, ensuring the long-term stability and financial security of pension plans.

Module 1: Introduction to Pension Risk Management

• Understanding the importance of risk management in pension planning
• Aligning risk management practices with pension fund objectives
• Navigating the complexities of risk and uncertainty in pension operations

Module 2: Identifying Potential Risks in Pension Plans

• In-depth exploration of potential risks faced by pension plans
• Identifying risks related to investment, regulatory changes, longevity, and more
• Developing a comprehensive risk register for pension operations

Module 3: Assessing Probability and Impact of Risks

• Evaluating the likelihood of various risks occurring in pension plans
• Measuring the potential impact of risks on pension fund sustainability
• Using quantitative and qualitative methods for risk assessment

Module 4: Risk Mitigation Strategies and Contingency Planning

• Developing proactive strategies to mitigate identified risks
• Creating contingency plans to manage and mitigate potential disruptions
• Balancing risk and return to achieve long-term pension fund objectives

Module 5: Regulatory Compliance and Risk Management

• Navigating regulatory requirements and compliance obligations
• Ensuring risk management practices align with regulatory guidelines
• Addressing legal obligations and fiduciary responsibilities

Module 6: Effective Communication and Stakeholder Engagement

• Crafting communication strategies for pension stakeholders about risk management
• Educating employees, pensioners, and stakeholders about potential risks
• Building trust and transparency through informative communication

Module 7: Monitoring and Adapting Risk Management Strategies

• Developing a framework for ongoing risk monitoring and assessment
• Adapting risk management strategies to changing market dynamics and regulations
• Utilizing data and feedback to refine risk mitigation approaches

Course Benefits:

• Gain specialized skills in pension risk management and mitigation.
• Develop expertise in identifying and assessing potential risks in pension plans.
• Create proactive strategies to mitigate identified risks and ensure pension stability.
• Ensure compliance with regulatory guidelines and legal obligations.
• Enhance communication and stakeholder engagement strategies about risks.
• Develop a framework for ongoing risk monitoring and adaptation.
• Benefit from expert guidance to navigate complexities and challenges in pension risk management.

This course empowers participants with the knowledge and skills to excel in pension risk management. By mastering risk identification, assessment, mitigation strategies, compliance, communication, and adaptation, participants will be well-equipped to navigate the intricacies of pension fund administration, ensuring long-term stability and financial security for pension plans and beneficiaries

Course Fee

₦215,000

Date & Location

• Date: 15th Oct - 18th Oct, 2024
• Location: Lagos
• Virtual Learning: Available