Understanding IDD and Annuities in Pensions.

Course Overview
This course provides a comprehensive understanding of Income Drawdown (IDD) and annuities as post-retirement income options within pension schemes. Learners will explore how each option works, their benefits and risks, and how to select the most suitable approach for sustainable retirement income.

Key Topics Covered

• Introduction to post-retirement income options

• Understanding Income Drawdown (IDD) and how it operates

• Types of annuities and how they are structured

• Comparison between IDD and annuities: risks, returns, and flexibility

• Regulatory framework governing IDD and annuities in Kenya

• Factors to consider when choosing a retirement income option

• Role of trustees, fund managers, and insurers in managing IDD and annuities