Risk-Based Pension Funds Supervision and Effective Governance Training Course

Program Date

26 Aug 30 Aug 2024

Program Location

Amsterdam, Netherlands

Program Venue

Fletcher Hotel Amsterdam

Registration & Payment Deadline

31 May 2024

Program Overview

Private Pensions are becoming an increasingly important part of retirement income. Therefore, the quality and the effectiveness of pension funds supervision is getting more and more critical, as well as challenging. In order to achieve effective supervision, supervisory authorities need to expand risk analysis and develop emerging risk capacities. Thus, risk-based supervision (RBS) is imperative to be adopted along with corresponding risk-assessment methodology, that incorporates both micro and macro perspectives.

Strategically selected RBS techniques can result in effective resource allocation, where assets are directed in a way to target the risk exposures that are of greatest concern to the supervisory authority. Hence, RBS is deemed to be a more flexible and dynamic process, that allows for greater efficiency in the event of resource scarcity.

Risk-Based Pension Funds Supervision and Effective Governance Training Course in Amsterdam, Netherlands has been specifically designed by Risalat Consultants Int’l. to equip its participants with in-depth knowledge and essential skills to successfully employ RBS techniques.

Target Audience

Risk-Based Pension Funds Supervision and Effective Governance Training Course in Amsterdam, Netherlands is the best suit for:

  • Professionals and Executives involved in Pension Fund Supervision and Governance
  • Specialists and Policy Makers involved in risk identification, assessment, and management
  • Legal and Financial Advisors concerned with Pension Risks and related disputes
  • BPO Pension Scheme Administrators
  • Public Sector Pension Scheme Legislators and Officials at the local and national level
  • Pension Managers and Pension Scheme Managers
  • Pension Officers and Registrars
  • Employee Benefits Directors and Managers
  • Anyone interested in Risk-Based Pension Fund Supervision and Governance.

Program Objectives

Upon the Successful Completion of this program, delegates will:

  • Possess Comprehensive Understanding of Pensions Schemes, Funds and Plans Worldwide
  • Compare and employ global best practices of risk-based pension fund supervision and good governance
  • Develop sound decision-making skills for strategic resource allocation and supervisory guidance
  • Cross-train other pension professionals in risk-based pension fund supervision strategies
  • Employ Various Risk techniques for pension fund risk management
  • Set appropriate controls and measures against identified risks
  • Analyze various situations and circumstances and foresee possible outcomes
  • Effectively and Efficiently handle and manage senior roles and responsibilities related to risk-based pension fund supervision and stay relevant and competitive for the industry.

Program Contents

First Day – Risks and Regulations for Pension Industry
  • The Broad categorization of Pension Industry Risks: Portfolio, Agency and Systemic Risks
  • Introduction to Pension Fund Regulatory Mechanism
  • Regulatory Requirements on Risk Management Architecture
  • Licensing, Governance, and Investment Rules
  • Independent Custodian, External Audits, and Disclosure Requirements
  • Guarantees, Minimum Capital, and Reserves
  • Cost & Fee Regulation and Sanctions.
Second Day – Introduction to Risk-Based Supervision of Pension Funds
  • The Financial Position of the Organization, Risk Level Intensity, and Supervision Scope
  • Shifting the focus to high-level controls and governance
  • Strategic Allocation of Time and Resources: Employing Proactive Approach
  • Common Objectives and Elements of Pension Fund RBS Design
  • Key focus areas of RBS Models
  • Employing Pension Fund RBS – Application and Adaptation of Models
  • Collecting Data
  • Supervisory Board, Staff, Industry, and Power.
Third Day – Analyzing Risk Landscape
  • Risk-Based Solvency and Risk Scoring Methods
  • Risk-Based Capital Rules
  • Funding risk
  • Solvency risk
  • Surplus risk and contribution risk
  • Counterparty credit risk
  • Interest rate mismatch risk
  • Longevity Risk Hedging and Transfers
  • Systemic Risks and Achievability.
Fourth Day – Actionable Tools of RBS
  • Setting objectives and risk focus for supervisory authorities
  • Identifying, Mapping, and Weighting Risks
  • Resource Allocation Decision based on risk assessment
  • Quality Assurance
  • Maximizing the value of scarce resources
  • Foreseeing problems timely
  • Challenges in Pension Fund RBS implementation.
fifth Day – Managing and Mitigating Risks
  • Operation and structure of internal risk governance processes
  • Considering Risk-Based approach in organizational structure
  • Management Controls and Compliance
  • Setting Appropriate Procedures and Controls
  • Designing and Adopting Risk Management Systems
  • Independent Reviews
  • Sponsors and Financial Support.

Program Methodology

An action-oriented, highly participative approach will be employed throughout the course, with particular attention paid to sharing the international experience with a view to adaptation and practical application. To enhance participant understanding the presenter will focus on numerous practical exercises, scenario imitations, and open discussions. Furthermore, Delegate Knowledge will be reinforced through Q&A Sessions, quizzes, virtual simulations, and integrative case studies. Each day will be finalized with attendee feedback to improve the performance of the coming sessions and support the unique requirements of each participant.

Program Fee

Payment Options

Fee Covers

  • Visa Assistance (complementary)

  • Participant Assessment

  • Airport Pickup

  • Accommodation

  • Wi-Fi

  • Welcome Dinner

  • Breakfast

  • Workshop Kit

  • Program Materials

  • Program Experts

  • Practical Activities

  • Lunch

  • Refreshments

  • Interactive workshop

  • City Map & Direction

  • Risalat T-shirt

  • Field Visit

  • Program Certificate

  • Entertaining Tour

  • Program Report