Pension trustees, plan administrators and pension advisory committee members will develop their skills further in order to actively oversee pension investment and plan governance.  Participants will also gain valuable insights by networking with other trustees. The goal of the course is to help fiduciaries become more capable and effective in fulfilling their duties.

PART 01: Plan Governance and the Role of Fiduciary

• Review of Roles and Responsibilities
  
• Delegation and Reporting
• Board Policies and Committees
• Governance Standards
• Governance Audits and Self-Assessments
• Fiduciary Duty and Responsible Investment
  

PART 02: Pension Investment Issues

• Understanding Risk
• Asset Allocation
• Alternative Investments
• Managing Your Investment Managers
• Reviewing Investment Managers' Reports
  

PART 03: Plan Communication

• What is Plan Communication?
• Developing Communications Plans
• Effective Communication and Best Practices

PART 04: Understand Your Actuary

• Actuarial Science Review
• Actuarial Assumptions
• Asset Valuation
  
• Gain and Loss Analysis
  
• Reviwing Actuarial REports
• Conflicts of Interest

PART 05: Responsible Pension Investment

• Review of Basic Concepts
  
• Capital Markets and Regulation
• Responsible Investment and Shareholder Activism
• Shareholder Engagement
• Proxy Voting
• Questions for Your Investment Manager
  

PART 06: Joint Union Management Pension (JUMP) PLan Mock Board Meeting

• Background to the JUMP Plan
• Introduction of JUMP Board of Trustees Meeting Agenda
• Appointment of Chair and Co-Chair
• Role Play