Pension Law 5: Understanding Governance of Pension Schemes in Kenya

Course Overview
This course introduces the principles, structures, and practices that define governance in Kenya’s pension sector. Learners will explore the roles of trustees, sponsors, regulators, and service providers, as well as the legal frameworks and guidelines that shape effective governance. The course emphasizes accountability, transparency, and fiduciary responsibility as essential pillars for protecting members’ interests and ensuring sustainable pension scheme management.

Key Topics

• Meaning and importance of governance in pension schemes

• Legal and regulatory frameworks guiding governance in Kenya

• Roles and responsibilities of trustees, sponsors, and service providers

• Fiduciary duties and accountability mechanisms

• Governance structures and decision-making processes in pension schemes

• Oversight by the Retirement Benefits Authority and other regulators

• Best practices in transparency, disclosure, and member engagement

• Challenges and emerging issues in pension scheme governance