Purpose:

To introduce key facts about UK pensions

Audience:

People new to pensions/pension trusteeship and anyone who needs to find out more about UK pensions

Want to understand pensions better? This ½ day workshop uses ‘bite sized’ chunks of learning to give you an insight into UK State, Employer and Personal Pensions.  Workshop facilitators help you identify key facts about UK pensions, how they are financed and monitored and why employees need to plan and save for their retirement.  Understanding UK pensions is a must for anyone who wants to become familiar with UK pensions.

After this workshop attendees will be able to

• List the main reasons why pension schemes exist in the UK and identify at least 10 issues employees need to consider when planning and saving for their retirement.
• Explain key facts about the three main pension systems in the UK and use these to make general comparisons between systems.
• Describe the characteristics and varieties of Defined Benefit and Defined Contribution pension schemes, and how they differ.
• Identify how UK pension schemes are financed.
• Name the main organisations that monitor UK pension schemes and identify each organisation’s role.
• Identify the boundaries of information/advice that can be given without giving investment advice.
• Select details of the organisations and resources which they can use in the future to find out more about State, Employer and Personal pensions.

Other training: