tpr: Trustee toolkit modules

Welcome to the Trustee toolkit the most popular way for trustees to meet the level of knowledge and understanding required by law.

12 learning modules	12 assessments	130+ resources
Five core modules for all scheme types. Seven extra modules; four for DB schemes, two for DC schemes and one for all scheme types 18-22 hours of free trustee learning.	Test your knowledge and add your achievements to your development record. Download, save, print and share your development record.	Download the learning as bite size PDFs, learn offline wherever and whenever you want. Resources include a sample risk register and a glossary of charges.

What modules are included?

The modules are split into core, scheme specific and additional learning.

Module	Tutorials included	Average completion time (mins)
Introducing pension schemes	What is a pension scheme? Benefits What is a trustee? Important documents	60
The trustee's role	Becoming a trustee Trustee meetings Conflicts of interest Duties and powers Trustee liabilities and protections	75
Running a scheme	Scheme governance Risk management and internal controls Scheme administration and member data Introducing advisers and service providers Appointing advisers and service providers	75
Pensions law	Pensions related legislation The Pensions Regulator Tax and the state pension Internal dispute resolution procedure	75
An introduction to investment	Investment in a pension scheme Setting an investment strategy Types of asset – Common assets Types of asset – Alternative assets Capital markets and economic cycles Risk and reward Active and passive management Suitability and diversification Reviewing investments	135

Module	Tutorials included	Average completion time (mins)
How a DC scheme works (2014)	Good member outcomes Contributions Transaction processing Value for members and charges Decisions at pension age Member communications Managing advisers and service providers	105
Investment in a DC scheme	Setting the investment strategy Default investment options Alternative investment options Charges Managing performance	75

Module	Tutorials included	Average completion time (mins)
How a DB scheme works	The basics Managing the liabilities Employer covenant Risks to employer covenant Implications of winding up a DB scheme Corporate transactions	90
Funding your DB scheme	The statutory funding objective Valuing the scheme’s liabilities Calculating the liabilities Impact of assumptions Individual and bulk transfers Additional employee funding	90
DB recovery plans, contributions and funding principles	Determining the contribution rate Accrued benefits funding methods Recovery plans Future service funding methods Agreeing a schedule of contributions The statement of funding principles	90
Investment in a DB scheme	Understanding investment strategy Changing asset and liability values Future projections and scenario analysis Stochastic modelling Changing the asset allocation strategy Reviewing the investment strategy	120

Module	Tutorials included	Average completion time (mins)
Pension scams	Three interactive case studies to work through, covering: Familiar schemes Questions and warning signs Due diligence and communication	45

Pension scams

Three interactive case studies to work through, covering:

Last modified: Monday, 31 January 2022, 10:15 AM