Course 10

Pension plans and long-term savings

Schemes, rights, risks and payout choices

What you will learn

• Explain the difference between a pension plan and a pension fund.
• Identify the main retirement systems and long-term savings vehicles.
• Understand the ideas of member, sponsor, beneficiary, contribution and accrued rights.
• Compare defined-contribution, defined-benefit and hybrid schemes.
• Assess the effect of horizon, fees, return and inflation on savings.
• Understand the rules for access, transfer and payment of benefits.
• Spot the tax and regulatory issues specific to each jurisdiction.

• 1. Why prepare for retirement?
• 2. Plans, funds and the people involved
• 3. Contributions, benefits and rights
• 4. Investment, risks and fees
• 5. Access, transfers and tax
• 6. Building your retirement plan
• –. Assessment and final project

49 €