Pension Law 3: Pension Scheme Administration and Management

Course Overview

This course provides a practical understanding of how pension schemes in Kenya are administered and managed. It covers the responsibilities of sponsors, trustees, and service providers, highlighting their fiduciary duties and the legal frameworks that guide pension operations. Learners will explore how pension schemes are established, documented, and run, the role of service providers, the importance of records and disclosures, and how members’ rights are safeguarded. The course also examines investment management, trustee obligations, and the processes around scheme or membership termination.

By the end of the course, learners will gain comprehensive insights into the governance, compliance, and operational standards necessary for effective pension scheme administration in Kenya.

Key Topics

• Establishment of pension schemes and the role of the sponsor

• Objectives and terms of a pension scheme

• Powers of amendment and documentation of changes

• Meaning of a trust and delegation under trust lawAnd more….