PTP Bursaries launched for pension trustees

IAPF and CGAI launch three PTP bursaries for DC pension trustees

 29 March 2017

The Irish Association of Pension Funds (IAPF) and the Corporate Governance Association of Ireland (CGAI) announced a joint bursary scheme for existing or prospective Lay Trustees of DC Occupational Pension Schemes today, 29 March 2017, with three full scholarships being offered. Each bursary is worth €880 in course fees. The bursary will enable three existing or prospective Lay DC Pension Scheme Trustees to become qualified as PTPs.


Jim Foley (Chairman of IAPF), Paul Kenny (Director, Trustee Decisions & former Pensions Ombudsman), James Kavanagh (Chairman of CGAI) and Pat O’Sullivan (CEO of LIA) at the launch of PTP bursaries.


The DC Pension Trustee Practitioner (PTP) course programme was launched by LIA in response to a need to improve the governance and risk management of DC Occupational Pension Schemes.

Among the 108 PTPs who qualified in LIA’s January exam sitting was Liam Doab, Lay Trustee, Kostal Ireland. Here’s what he had to say of his experience of the PTP course/exam….

“I found the PTP course to be excellent. I have been a Trustee of my work scheme for over seven years and only now, with my PTP qualification under my arm, I can confidently say for the first time that I know and understand my role and responsibilities. While studying for the exams the textbooks took me through so many aspects of Pensions, in clear layman’s language, like the roles of the various stakeholders; the legalities of Trust Law; the various Acts & Regulations involved; the rules of good governance; retirement & benefit options; that I wonder why this course is not a mandatory qualification for all Trustees.

 It certainly far surpasses any Trustee training events I have attended over the years. I would highly recommend this qualification to anyone who is acting as a Trustee of a Pension Scheme”

Applicants will be provided with all the required study resources and material to sit the two module exams in September 2017.

The course

The DC Pension Trustee Practitioner course (PTP) consists of two modules, designed specifically for those who act or wish to act as a trustee of a DC Occupational Pension Scheme:

  • Principles
  • Practices

The course is delivered on a “distance learning basis” with a Textbook being the primary study resource, supported by a Study Buddy, Exam Buddy, recorded Lectures-on-Demand (webinars) and a live full day workshop (the latter taking place subject to numbers attending). The Lectures-on-Demand are a series of pre-recorded lectures to aid your study in key sections of the textbook and are available 24/7. This flexibility of time, pace and place of study affords students a better balance of work, study and home life. Each module is examined by a Multiple Choice Question (pick one from four options) exam.

Successful students receive the Professional Certificate in DC Pension Scheme Trusteeship (which is at Level 7 on the National Framework of Qualifications) from the College of Professional Finance, a recognised college of UCD and the LIA designation Pension Trustee Practitioner, or PTP for short.

Objectives of the PTP Course programme

The objectives of the PTP course are to better equip lay trustees of DC schemes to:

  • understand the principles of trust law
  • comply with the legal and regulatory obligations as a trustee of a DC occupational pension scheme or Trust RAC
  • understand the roles of key parties in DC arrangements 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 professional advisers 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.


To apply:

Submit a short proposal stating your reasons why the PTP programme would help you in your role as an existing or prospective Lay Trustee of a DC Occupational Pension Scheme.

Email your proposal to or post it to PTP Bursary, IAPF, Suite 2, Slane House, 25 Mount Street Lower,  Dublin 2.

Please include:

  • your name, home address and phone number
  • your email address
  • your company’s name


Closing date for receipt of applications is 5pm Friday 2 June 2017.


For more information on the course, visit PTP or contact Barry Whelan on 01 709 9856 or at