Professional Certificate in DC Pension Scheme Trusteeship (PTP)

Why the PTP?

The Pension Trustee Practitioner (PTP) designation has been developed for those acting or wanting to act as a trustee of a defined contribution occupational pension scheme or Trust RAC, as well as a Pensioneer Trustee.

To be awarded the PTP designation by LIA, you must register for and successfully complete a two module educational programme* offered by LIA’s academic education partner, the Institute of Banking which is a recognised college of University College Dublin (UCD).  Those who successfully complete this programme are awarded the Professional Certificate in DC Pension Scheme Trusteeship by UCD – a 30 ECTS (European Credit Transfer and Accumulation System) qualification at level 7 of the National Framework of Qualifications.

The Professional Certificate in DC Pension Scheme Trusteeship course aims to empower these individuals to gain and demonstrate the necessary knowledge, competence and skills to manage their scheme in accordance with the scheme rules, general trust law, and relevant provisions of the Pensions Act and associated regulations.

 

*Holders of the QFA or APAs (in both Pensions and Savings & Investments) can apply for an exemption from the Principles module, resulting in just the Practices module to be successfully completed to obtain the PTP designation.

Industry Welcome

The Pensions Authority very much welcomes the launch of LIA’s new Pension Trustee Course. This initiative will allow current andfuture trustees to improve their understanding and knowledge of pensions and so better help their scheme members. We wish LIA and the participants every success.

Brendan Kennedy
Pensions Regulator

I am very pleased to welcome LIA’s new Level 7 course for DC Trustees. I believe this is an appropriate level for DC Schemes. As, hopefully, DC arrangements consolidate in the future, and membership of these schemes increases, good governance by trustees becomes more important as the possibility of Member Trustees opens up for those schemes. At present, it looks as though the new IORPS Directive will not require all trustees to be professionally qualified, so that expert guidance from the professionally qualified trustees will be vital for the governance of these schemes in the future. My compliments to LIA on another progressive initiative.
Paul Kenny
Pensions Ombusdman

 

What you can expect

 

Below, LIA CEO, Pat O Sullivan discusses the PTP programme

Course Aims

With the PTP designation you will be better equipped to:

  • understand the principles of trust law
  • comply with the legal and regulatory obligations as a trustee of a defined contribution occupational pension scheme
  • understand the roles of key parties in pension provision and the impact of regulatory provisions on their activities
  • ensure that the general administration and management of the scheme is effectively carried out
  • effectively deal with advisers when required in relation to appropriate investment strategies and options to be offered to members of the scheme
  • ensure the application of good governance of the scheme


Pat O Sullivan, LIA CEO

We are pleased to launch our new DC Pension Scheme Trusteeship course. This course has been developed for those acting or wanting to act as a Trustee. This course has been developed for those acting or wanting to act as a Trustee of a defined contribution occupational pension scheme or Trust RACs, or as a director of a company acting as a Pensioneer or Professional Trustee of such arrangements. 

Next Exam Session:
September 2017
Close Off Date:
30 Jun 2017

Enrol on a Course

Course Modules

DC Pension Scheme Trustee Principles

€440
This module brings together the key competencies / topics from the three QFA modules relevant to those acting in a Trustee role (QFA Pensions, QFA Investments and QFA Regulation). Holders of the QFA or APA (Pensions & Investments) will be entitled to apply for an exemption from sitting this module. Examinations will be by multiple choice – 75 questions to be completed in 90 minutes

Examinations

  • multiple choice questions
  • 90 min exam at the end of the semester
  • The pass mark is 40% in line with UCD academic policy

Next Exam Date:
02 Sep 2017
Close Off Date:
30 Jun 2017


DC Pension Scheme Trustee Practices

€440
The topics covered in this module include Sources of Law, Regulation, Trustee Obligations, Trust law Principles, Scheme Governance, Scheme Administration, etc, as well as a number of additional, relevant topics. Examinations will be by multiple choice – 100 questions to be completed in 120 minutes.  

Examinations

  • multiple choice questions
  • Two-hour exam at the end of the semester
  • The pass mark is 40% in line with UCD academic policy

Next Exam Date:
09 Sep 2017
Close Off Date:
30 Jun 2017