F71PC Pensions A

Course co-ordinator(s): Peter Ridges (Edinburgh).

Aims:

The aims of this course are:

  • To provide an understanding of the roles and needs of the parties involved in the provision of pensions, including social security
  • To provide a thorough understanding of alternative systems of pension provision, and their financing
  • To provide an understanding of the factors involved in pension scheme design
  • To provide an understanding of issues relating to sponsor covenants in occupational pension schemes

Detailed Information

Course Description: Link to Official Course Descriptor.

Pre-requisites: none.

Linked course(s): F71PD Pensions B .

Location: Edinburgh.

Semester: 1.

Syllabus:

Different Types of Pension scheme

  • Defined Benefit
  • Defined Contribution
  • Hybrid
  • Social Security
  • Individual Accounts
  • Personal Pensions

Key Stakeholders

  • State
  • Employers
  • Individuals

Timing of Contributions

  • Pay-As-You-Go
  • Funding
  • Book Reserving

Types of Investment

  • Direct Investment
  • Insurance Products

Sponsor Covenant

  • Measurement
  • Monitoring

Scheme Design

  • Eligibility
  • Benefits
  • Contributions

SCQF Level: 11.

Credits: 15.

Other Information

Help: If you have any problems or questions regarding the course, you are encouraged to contact the course leader.

Canvas: further information and course materials are available on Canvas