Overview

This course provides a focused examination of pension scheme governance frameworks, emphasizing their role in safeguarding members’ interests while meeting regulatory requirements set by bodies like the RBA and OECD. It explores core governance structures, including trustee boards’ fiduciary responsibilities, risk management systems, conflict-of-interest protocols, and regular performance audits, while addressing modern operational demands such as cybersecurity measures and technology-driven administrative efficiency. The course highlights the strategic balance between maintaining ethical standards and pursuing sustainable investment growth, using case studies to demonstrate how schemes can ensure asset security and long-term financial viability in evolving financial landscapes.

Key Topics:

1. Governance Structures and Roles – Understanding the composition and functions of boards, executive management, and service providers within pension schemes.

2. Fiduciary Duties and Ethical Standards – Exploring trustees’ legal responsibilities, codes of conduct, and conflict of interest policies to ensure integrity and impartiality.

3. Risk Management and Compliance – Implementing frameworks to identify, assess, and mitigate operational, investment, cybersecurity, and reputational risks.

4. Transparency, Reporting, and Stakeholder Engagement – Establishing effective communication channels, performance monitoring, and disclosure practices to build trust with members and sponsors.

5. Regulatory Frameworks and Best Practices – Navigating relevant laws, guidelines, and governance codes that shape pension scheme oversight and administration.