Whilst training for DB trustees is long-established, regular training for DC trustees and governance committees is still an evolving area. At bac we have a wide range of options to support your DC training needs, including online modules and face-to-face workshops.
A key area of training concerns members’ retirement choices and what these mean for default investment strategies. By spending time working through the principles with trustees and sponsors, clients have been well prepared for their next review of investment strategy and/or provider.
For developing communication strategies, training sessions on the market campaigns run by major providers and by the Government can provide useful talking points. The psychology of how we make financial decisions is also helpful in these discussions.
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