Pensions and Other Benefits Advanced (SA4) Exam
Apply pension and benefit principles to complex business problems, and recommend solutions.
Learning Objectives
5 objectivesAnalyse current and emerging benefit provision and its stakeholders.
Apply the regulatory, legislative and taxation environment, including comparisons between jurisdictions.
Design and finance benefit arrangements.
Value benefits, produce information for accounting standards, and handle transfers and surplus or deficit.
Manage risk and investment strategy, and recommend solutions to business problems.
Programme Outline
5 topicsPension and Benefit Provision and General Business Environment
Stakeholders, provision by the State, employers and individuals, savings alternatives, and sponsor covenants.
Regulatory, Legislative and Taxation Environment
Legislation, the environment benefits are provided in, and comparisons between jurisdictions.
Design and Financing of Benefit Arrangements
Financing and design of pension schemes and other benefits.
Reporting/Valuation and Management of Benefit Arrangements
Transfer and amendment of benefit rights, funding methods and assumptions, valuation, accounting information, and surplus or deficit.
General Business and Risk Management
Main risks and mitigation, investment strategy, member options, and discontinuance of provision.
Hands-On Resources
Missed a live session? Catch up here.