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Online training for pension trustees

The Pensions Regulator is developing a free e-learning programme for pension trustees.

The programme is available on the regulator’s website and will form the basis of a voluntary qualification for trustees to be launched by the Pensions Management Institute in April.

The first tranche will be available in January and will cover units one and two of the syllabus – the responsibility of trustees in relation to trust law and pension law. The rest of the programme will be rolled out throughout 2006. The interactive programme will be made up of a series of stand-alone modules based on real-life case studies. It has been designed by pension and e-learning experts and is intended to be interesting and user-friendly.

Successful completion of all the modules will help trust- ees meet the requirements for knowledge and understanding set out in the 2004 Pensions Act.

A spokesman says: “Our aim is to provide relevant learning for trustees to enable them to meet their obligations under the Pensions Act 2004, which requires knowledge and understanding of the law relating to pensions and trusts and the principles relating to the funding of occupational schemes and the investment of scheme assets.”

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