<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META content="text/html; charset=unicode" http-equiv=Content-Type> <META name=GENERATOR content="MSHTML 6.00.6000.16546"></HEAD> <BODY> Greetings from Afriex training Limited,<?xml:namespace prefix = "o" ns = "urn:schemas-microsoft-com:office:office" /><o:p></o:p> <o:p> </o:p> We invite you to a 5 days workshop on <A href="https://14T8W.trk.elasticemail.com/tracking/click?d=NIZuQDFLJqdyNH0zJ4GcIUNeH04CmxwgkquP4hof_MhcLojoohw2WRuOfCvHks0jLG0ea54UA5V-lzw-4z8L5Mq4_GJIucmDgGkX8G8kaxgzrlB6pa8nleXGQkXTsGPj3mflXaEoer5pbOGD3oHPJnB2KPOdrLouFjqI96a0hFgJKD4InMiAzFa_ptJ988yF3Tr6vxKPGuQdaKXgsNOWgar-kh2sErV5gA-_5PSVqMpehLJ78eHRhw3E4lB2Qui4WsFMsQbwB7GwLYTI98Zf9as1"> PENSION FUND STRATEGIES, GOVERNANCE, REGULATION AND INVESTMENT SEMINAR</A> FROM 23RD TO 27 TH OCTOBER 2023<o:p></o:p> <o:p> </o:p> Please note: All our courses are delivered with keen reference to your organization for ease of application. Also, we extend 6 months’ post training support for all the courses we offer.<o:p></o:p> To register, you can email, follow the links below or send us <o:p></o:p> <o:p> </o:p> <o:p> </o:p> <A href="https://14T8W.trk.elasticemail.com/tracking/click?d=orel_m60mpGkd_Uqj5uW3lcsI5q6w7Au0Fctk2bLaPF-Rm45zPbiAu6pDTOdB-noaW9ifpU5GIMtbFEK1oEA927NXE_NZV3CDRJIl33LvFkeF3jPsqitwg0Uvcu4CoEDbkeF_PXEgY7ia3U5rpvhZAHOiaJRaqxVVgD4Z2DJGFeLMSJDlyflUZ3-mvZjqFvcscn60_A2bNNX6lAgQYePRlPPq6zJUwhmVCA-FAphclgDpschSquJihki2boObJ7ALPY-ztuEd2rXwzeSeDugsB8c4Q_L1GqgrKZiix_OTlUzWvMJpx8elQq87C628Bw1XdzZoFmE382d4xAl4HVU6sk1">PENSION FUND STRATEGIES, GOVERNANCE, REGULATION AND INVESTMENT SEMINAR FROM 23RD TO 27TH OCTOBER 2023<o:p></o:p></A> <o:p> </o:p> <A href="https://14T8W.trk.elasticemail.com/tracking/click?d=NIZuQDFLJqdyNH0zJ4GcIUNeH04CmxwgkquP4hof_MhcLojoohw2WRuOfCvHks0jLG0ea54UA5V-lzw-4z8L5Mq4_GJIucmDgGkX8G8kaxgzrlB6pa8nleXGQkXTsGPj3mflXaEoer5pbOGD3oHPJnB2KPOdrLouFjqI96a0hFgJKD4InMiAzFa_ptJ988yFMTnppXZrsh3FHv6RpidJ_6vBxa500JE-wyyRTKLqp9gpuF2wjkfamImnCXq_mAHPuv1eFbkRoTJWGH5vK3vgSIs1">OUR 2023 COURSE CALENDER</A><o:p></o:p> <o:p> </o:p> <A href="https://14T8W.trk.elasticemail.com/tracking/click?d=0uLg8Iv9DDD2uH01WVkLOSXVkjlzx02RDn30Kx1CDvrJeiKq-Ohg09gc9WdsV3EtwXAjykNyUOu12_U_tl6RirNGmgiYw-jtwxBCTdu_-9evxBRsGAA8hEPYc9lBqqRWSbl51indNz26bsjiU_hhrP635FD--5bnDG4aNK5ZVPhbxQtR9ycDMfLRiCJAvIsVeyYBI13_XDzVtVmBSieTMlJuDSU0LT0cMOpyIiW7oq6vtasuGmaZygh3G45GNSPClZjJleG-i2W29_iHPTBGwWkNEAKOh9HrJU6PJ85ezKOy0">REGISTER TO ATTEND</A><o:p></o:p> <o:p> </o:p> PARTICIPATION FEE: 1,160 USD<o:p></o:p> <o:p></o:p> VENUE: BEST WESTERN, MERIDIAN HOTEL, NAIROBI, KENYA<o:p></o:p> Office Telephone: +254-715-310-685<o:p></o:p> Register as a group of 3 or more participants and get 10% discount on the course fee. <o:p></o:p> Send us an email: <A href="https://14T8W.trk.elasticemail.com/tracking/click?d=dKl19MbIoyUDLUwXGmcOsIeEDJjL8QfI7et06xAYOL_SKn1iaFd7asFqpAaP7iqwP0subuz5NCmDkZaokyR3FpVHYE7sE6ALB0uFAUP1zecSNi4c-sVSDpcRS2QUJvc2800uLyXdsE1BGeD9i74N3ABTrSqCpT7Zgf6VoffmL299467GOOOwgv8yjk_sxZWM7A2" >MailScanner has detected a possible fraud attempt from "14t8w.trk.elasticemail.com" claiming to be training@afriextraining.org</A> or call +254-715-310-685<o:p></o:p> <o:p> </o:p> INTRODUCTION<o:p></o:p> Pension is an income assured to citizens after retirement as a means of regular income and earning capacity. There are various types of pension schemes or plans across countries, but what is common to any scheme or plan is the need for good governance and regulation. Good pension scheme governance and regulation help identify, manage and control related risks.<o:p></o:p> Good governance is increasingly recognized as an important aspect of an efficient private pension system, enhancing investment performance and benefit security. Yet, despite regulatory and industry initiatives, governance weaknesses persist across many countries.<o:p></o:p> There are unique financial and societal challenges facing those who manage, regulate or provide governance for pension schemes. Pensions scheme governance and management training is therefore vital to ensure pension funds are managed properly.<o:p></o:p> This Pension Scheme Governance & Regulation training will provide advanced knowledge and management tools needed for the effective oversight and administration of publicly funded or partially funded pension plans. This program will help to modernize these plans and their associated pension funds in an environment of changing economic and social circumstances and new regulatory and accounting initiatives.<o:p></o:p> <o:p> </o:p> <o:p> </o:p> COURSE OBJECTIVES<o:p></o:p> <SPAN style='FONT-SIZE: 12pt; BORDER-TOP: windowtext 1pt; FONT-FAMILY: "Times New Roman",serif; BORDER-RIGHT: windowtext 1pt; BORDER-BOTTOM: windowtext 1pt; PADDING-BOTTOM: 0in; PADDING-TOP: 0in; PADDING-LEFT: 0in; BORDER-LEFT: windowtext 1pt; PADDING-RIGHT: 0in; mso-fareast-font-family: "Times New Roman"; mso-border-alt: none windowtext 0in'>After attending this program, participants will learn about:<o:p></o:p> <P class=MsoNormal style="VERTICAL-ALIGN: baseline; BACKGROUND: white; TEXT-ALIGN: justify; MARGIN: 0in 0in 8pt 0.5in; LINE-HEIGHT: normal; TEXT-INDENT: -0.25in; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l0 level1 lfo2; tab-stops: list .5in">v Understand the importance of pension governance, types, designs and fundamentals of pension schemes<o:p></o:p> <P class=MsoNormal style="VERTICAL-ALIGN: baseline; BACKGROUND: white; TEXT-ALIGN: justify; MARGIN: 0in 0in 8pt 0.5in; LINE-HEIGHT: normal; TEXT-INDENT: -0.25in; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l0 level1 lfo2; tab-stops: list .5in">v Appreciate the duties and management function of trustees<o:p></o:p> <P class=MsoNormal style="VERTICAL-ALIGN: baseline; BACKGROUND: white; TEXT-ALIGN: justify; MARGIN: 0in 0in 8pt 0.5in; LINE-HEIGHT: normal; TEXT-INDENT: -0.25in; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l0 level1 lfo2; tab-stops: list .5in">v Analyze Pension scheme management performance indicators<o:p></o:p> <P class=MsoNormal style="VERTICAL-ALIGN: baseline; BACKGROUND: white; TEXT-ALIGN: justify; MARGIN: 0in 0in 8pt 0.5in; LINE-HEIGHT: normal; TEXT-INDENT: -0.25in; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l0 level1 lfo2; tab-stops: list .5in">v Appreciate the importance of performance evaluation of trustees of pension schemes in enhancing governance<o:p></o:p> <P class=MsoNormal style="VERTICAL-ALIGN: baseline; BACKGROUND: white; TEXT-ALIGN: justify; MARGIN: 0in 0in 8pt 0.5in; LINE-HEIGHT: normal; TEXT-INDENT: -0.25in; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l0 level1 lfo2; tab-stops: list .5in">v Assess the risks pension funds are exposed to and the need of effective risk management<o:p></o:p> DURATION<o:p></o:p> 5 Days<o:p></o:p> WHO SHOULD ATTEND<o:p></o:p> This course is designed for Pension regulators, Policymakers, Trustees, Administrators, Fund managers, Advisors, Custodians, CEOs, Human resource managers, Directors and Pension principal officers.<o:p></o:p> COURSE CONTENT<o:p></o:p> <P class=MsoNormal style="VERTICAL-ALIGN: baseline; BACKGROUND: white; TEXT-ALIGN: justify; MARGIN: 0in 0in 8pt 0.5in; LINE-HEIGHT: normal; TEXT-INDENT: -0.25in; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l1 level1 lfo1; tab-stops: list .5in">v Introduction to Pension Funds and Global Pension Crisis<o:p></o:p> <P class=MsoNormal style="VERTICAL-ALIGN: baseline; BACKGROUND: white; TEXT-ALIGN: justify; MARGIN: 0in 0in 8pt 0.5in; LINE-HEIGHT: normal; TEXT-INDENT: -0.25in; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l1 level1 lfo1; tab-stops: list .5in">v Financial Mechanisms & Pension Plan Design; Different types of Pension Schemes<o:p></o:p> <P class=MsoNormal style="VERTICAL-ALIGN: baseline; BACKGROUND: white; TEXT-ALIGN: justify; MARGIN: 0in 0in 8pt 0.5in; LINE-HEIGHT: normal; TEXT-INDENT: -0.25in; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l1 level1 lfo1; tab-stops: list .5in">v Costs of Funding Pension Schemes; Pension Fund Deficit, Sovereign Debt & Default Risk<o:p></o:p> <P class=MsoNormal style="VERTICAL-ALIGN: baseline; BACKGROUND: white; TEXT-ALIGN: justify; MARGIN: 0in 0in 8pt 0.5in; LINE-HEIGHT: normal; TEXT-INDENT: -0.25in; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l1 level1 lfo1; tab-stops: list .5in">v Longevity, Dependency Rations, Real & Nominal Returns<o:p></o:p> <P class=MsoNormal style="VERTICAL-ALIGN: baseline; BACKGROUND: white; TEXT-ALIGN: justify; MARGIN: 0in 0in 8pt 0.5in; LINE-HEIGHT: normal; TEXT-INDENT: -0.25in; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l1 level1 lfo1; tab-stops: list .5in">v Defined Benefits and Defined Contribution Schemes<o:p></o:p> <P class=MsoNormal style="VERTICAL-ALIGN: baseline; BACKGROUND: white; TEXT-ALIGN: justify; MARGIN: 0in 0in 8pt 0.5in; LINE-HEIGHT: normal; TEXT-INDENT: -0.25in; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l1 level1 lfo1; tab-stops: list .5in">v Insurance Mechanisms and External Guarantees<o:p></o:p> <P class=MsoNormal style="VERTICAL-ALIGN: baseline; BACKGROUND: white; TEXT-ALIGN: justify; MARGIN: 0in 0in 8pt 0.5in; LINE-HEIGHT: normal; TEXT-INDENT: -0.25in; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l1 level1 lfo1; tab-stops: list .5in">v Pensions Fund and Its Parties: trustees, sponsors, actuaries, consultants & investment managers<o:p></o:p> <P class=MsoNormal style="VERTICAL-ALIGN: baseline; BACKGROUND: white; TEXT-ALIGN: justify; MARGIN: 0in 0in 8pt 0.5in; LINE-HEIGHT: normal; TEXT-INDENT: -0.25in; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l1 level1 lfo1; tab-stops: list .5in">v Asset Allocation, Capital Structure and Financial Risk<o:p></o:p> <P class=MsoNormal style="VERTICAL-ALIGN: baseline; BACKGROUND: white; TEXT-ALIGN: justify; MARGIN: 0in 0in 8pt 0.5in; LINE-HEIGHT: normal; TEXT-INDENT: -0.25in; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l1 level1 lfo1; tab-stops: list .5in">v Sources of Wealth in Pensions Funds; creating value in Pension Funds<o:p></o:p> <P class=MsoNormal style="VERTICAL-ALIGN: baseline; BACKGROUND: white; TEXT-ALIGN: justify; MARGIN: 0in 0in 8pt 0.5in; LINE-HEIGHT: normal; TEXT-INDENT: -0.25in; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l1 level1 lfo1; tab-stops: list .5in">v Different Types of Pension Schemes<o:p></o:p> <P class=MsoNormal style="VERTICAL-ALIGN: baseline; BACKGROUND: white; TEXT-ALIGN: justify; MARGIN: 0in 0in 8pt 0.5in; LINE-HEIGHT: normal; TEXT-INDENT: -0.25in; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l1 level1 lfo1; tab-stops: list .5in">v Pension Fund Asset-Liability Management, Tools & Modelling<o:p></o:p> <P class=MsoNormal style="VERTICAL-ALIGN: baseline; BACKGROUND: white; TEXT-ALIGN: justify; MARGIN: 0in 0in 8pt 0.5in; LINE-HEIGHT: normal; TEXT-INDENT: -0.25in; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l1 level1 lfo1; tab-stops: list .5in">v Pensions Funding Policies<o:p></o:p> <P class=MsoNormal style="VERTICAL-ALIGN: baseline; BACKGROUND: white; TEXT-ALIGN: justify; MARGIN: 0in 0in 8pt 0.5in; LINE-HEIGHT: normal; TEXT-INDENT: -0.25in; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l1 level1 lfo1; tab-stops: list .5in">v Portfolio Rebalancing, Asset Allocation and risk management<o:p></o:p> <P class=MsoNormal style="VERTICAL-ALIGN: baseline; BACKGROUND: white; TEXT-ALIGN: justify; MARGIN: 0in 0in 8pt 0.5in; LINE-HEIGHT: normal; TEXT-INDENT: -0.25in; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l1 level1 lfo1; tab-stops: list .5in">v Actuarial Considerations, Scheme Design & Annuity Market<o:p></o:p> <P class=MsoNormal style="VERTICAL-ALIGN: baseline; BACKGROUND: white; TEXT-ALIGN: justify; MARGIN: 0in 0in 8pt 0.5in; LINE-HEIGHT: normal; TEXT-INDENT: -0.25in; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l1 level1 lfo1; tab-stops: list .5in">v Reviewing benchmarks and Performance Assessment<o:p></o:p> <P class=MsoNormal style="VERTICAL-ALIGN: baseline; BACKGROUND: white; TEXT-ALIGN: justify; MARGIN: 0in 0in 8pt 0.5in; LINE-HEIGHT: normal; TEXT-INDENT: -0.25in; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l1 level1 lfo1; tab-stops: list .5in">v Pension Risk Management, Reporting and Governance<o:p></o:p> <P class=MsoNormal style="VERTICAL-ALIGN: baseline; BACKGROUND: white; TEXT-ALIGN: justify; MARGIN: 0in 0in 8pt 0.5in; LINE-HEIGHT: normal; TEXT-INDENT: -0.25in; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l1 level1 lfo1; tab-stops: list .5in">v Regulatory Practices and Decision Making in DB Plans<o:p></o:p> <o:p> </o:p> <o:p> </o:p></BODY></HTML> <img src="https://14T8W.trk.elasticemail.com/tracking/open?msgid=GiPHVbCPi7y5pyDpC-jJxA2&c=1552423579436666126" style="width:1px;height:1px" alt="" /><div style="text-align:center; background-color:#fff;padding-top:10px;padding-bottom:10px;font-size:8pt;font-family:sans-serif;"><a href="https://14T8W.trk.elasticemail.com/tracking/unsubscribe?d=KmM-kteJDxAt4S8l4uMiDTWKolqFw-M0_lsaFElIToXa_fsNlJa0gsHqQpfb4urT7C88b12j0gNag2kzdZcOjHLatsf6DBLWY92quCsIdHim0" style="text-align:center;text-decoration:none;color:#666;">UNSUBSCRIBE</a></div>