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Pensions Regulator releases new e-learning module
The Pensions Regulator has released an e-learning module on 'Defined Benefit recovery plans, contributions and funding' as part of its free online e-learning programme for trustees.
Aimed specifically at pension trustees of Defined Benefit (DB) schemes, the module completes the trio of scheme funding toolkits. It is also the is the fifth module to be released out of a planned total of nine.
In the latest module, Trustees learn about accrued benefits and future service funding methods, recovery plans, setting the contribution rate and the statement of funding principles.
Terry Clayworth, regulated community learning manager, said: "This module, together with the previously released DB funding modules, provides trustees with the opportunity to develop their knowledge and understanding of the concepts underlying the new arrangements for funding DB schemes.
"Having this knowledge and understanding of the new arrangements will enable trustees to actively engage with their advisers in examining the issues for their own schemes."
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