Pensions and Retirement Training Course on Investment Governance Structures

Module 1: Principles of Investment Governance
Definition and objectives of governance in pension funds
Key governance principles and frameworks
Fiduciary responsibilities of trustees and boards
Case study: Governance failures and lessons learned

Module 2: Governance Structures and Roles
Trustees, investment committees, and advisors
Roles, responsibilities, and reporting lines
Delegation vs oversight: best practices
Workshop: Mapping roles and responsibilities in a pension fund

Module 3: Risk Management Oversight
Integrating risk management into governance structures
Monitoring investment, operational, and liquidity risks
Stress testing and scenario analysis for trustees
Practical exercise: Evaluating governance for risk oversight

Module 4: Policies, Procedures, and Decision-Making Frameworks
Developing investment policies and SOPs
Decision-making frameworks and escalation processes
Portfolio monitoring and performance evaluation
Workshop: Drafting governance and oversight procedures

Module 5: ESG Integration and Regulatory Compliance
Integrating ESG into governance and investment oversight
Regulatory requirements and fiduciary obligations
Reporting frameworks and transparency to stakeholders
Case study: ESG-compliant governance in pension funds

Module 6: Governance Evaluation and Continuous Improvement
Benchmarking governance against best practices
Evaluating effectiveness and implementing improvements
Tools for ongoing governance monitoring
Capstone exercise: Designing a comprehensive governance framework