Pensions and Retirement Training Course on Managing Regulatory Change

Module 1: Understanding the Nature of Regulatory Change in the Pension Sector
Overview of the pension regulatory environment
Drivers of change: economic, demographic, political, and technological forces
Evolution of pension supervision and governance standards
The role of international bodies (OECD, IOPS, World Bank)
The link between regulation, trust, and financial stability
Identifying signals and trends in regulatory transformation

Module 2: Regulatory Analysis and Impact Assessment
Techniques for analyzing new or amended regulations
Assessing legal, operational, and compliance implications
Developing regulatory impact matrices and mapping tools
Understanding transitional provisions and compliance timelines
Case study: Assessing the effect of a new pension reform act
Practical workshop: Interpreting and summarizing a sample regulation

Module 3: Designing a Regulatory Change Management Framework
Key components of a regulatory change management system
Governance structures for regulatory oversight
Setting up a regulatory monitoring and response committee
Developing regulatory change registers and dashboards
Integrating change management into compliance and audit functions
Role of technology in regulatory tracking and documentation

Module 4: Implementation, Communication, and Organizational Alignment
Translating regulations into operational procedures and internal policies
Communicating regulatory updates across departments and to trustees
Training and capacity building for staff and management
Coordinating with regulators and industry associations
Ensuring consistency between legal interpretation and operational execution
Managing change fatigue and maintaining compliance culture

Module 5: Continuous Improvement and Future-Readiness
Evaluating the effectiveness of regulatory change implementation
Metrics and key performance indicators (KPIs) for compliance readiness
Lessons learned and post-implementation reviews
Incorporating feedback into future regulatory response plans
Building resilience through scenario planning and horizon scanning
Case studies of successful regulatory transitions in pension systems
Final workshop: Drafting a regulatory change response plan for a pension organization