b'THE MANAGING PENSIONS IN DEVELOPINGNEW FINTECH, BLOCKCHAIN AND CRYPTOCURRENCIESECONOMIES TOOLKITGovernments and private sector employers are reviewing their pension Design and implement change in pension schemes to make The rise of Financial Technology (FinTech) has profound implicationsCOURSE OBJECTIVES:On completion, you will be able to: commitments and the difficult decisions that have to be considered in them more sustainable and operationally efficientnot only for nancial services organisations, but also for the broader Appreciate the current and future impact of FinTech andorder to maintain a sustainable commitment to pension provision.Shape objectives and informed decision making on the proper real economy, particularly in developing nations. In addition to the blockchain systemsinvestment of pension scheme assetspotential to signicantly improve nancial inclusion by drastically Understand the technologies that comprise FinTech This course addresses these emerging challenges and provides an in-Identify the specic opportunities and threats relating to reducing transaction costs, technologies such as blockchain, AI and Analyse potential socio-economic benets and risks depth insight into the investment management issues facing pension investment of pension fund assets:Big Data could also facilitate new microeconomies that are not Appreciate regulatory barriers to FinTech and blockchainschemes in a development environment. In domestic and overseas marketcurrently feasible with existing currency and banking systems. evolution In mainstream securities and private assets such asDistinguish between key concepts such as mobile money andIn week one, delegates will focus on understanding pension principlesPrivate Equity and InfrastructureThis programme will equip delegates with a working understanding of digital currency and engendering more robust pension scheme provision. This includesthe mechanics of FinTech payment systems, blockchain and Appreciate the nature of, and risks relating to, cryptocurrencies a focus on Strategic Asset Allocation (SAA) for both Dened BenetKEY TOPICScryptocurrencies. The course looks at a number of FinTech and (DB) and Dened Contribution (DC) schemes and an assessment of Scheme typesblockchain use cases, including domestic and cross-border paymentsKEY TOPICS how asset values can be protected against ination and market Changes in pension provisionand transfers, Trade Finance and peer-to-peer lending. The FinTech and its disruptive potential uctuation.The role of the actuarypracticalities for a successful roll-out of FinTech systems are also Key technologies underlying FinTech and blockchainThe valuation processreviewed through relevant case studies, including the requirement in Principal current and future use cases for FinTech In week two, you will explore how to build sustainable and inclusive Funding and investment management, including some retail applications for local presence via agents (cf. M-PESA) and The evolving landscape of digitised currencies and related data systems which assure decent retirement incomes for pension scheme Private Equity and Infrastructurediscusses the subtle, but critically important, nuances of digital Major cryptocurrencies and blockchain architectures members. With a focus on real-life examples delivered by trainers with Portfolio management and performance measurementcurrency, mobile money, mobile wallets and cryptocurrencies and how Special focus on Facebooks Libra announcement and theextensive on-the-ground international experience, it examines best Scheme administration and governancethese compare to conventional monetary systems. ensuing techlashpractice concepts, and delivers clear practical guidance steps that Legislation and regulation will empower delegates to contribute to the development and delivery Trusteeship The programme also reviews the principal cryptocurrencies and theirDURATION FEEDATE of sustainable pension schemes in their own environment.underlying blockchain or other architectures and features including DURATION FEEDATE VENUE Bitcoin, Ethereum, Ripple and Hyperledger as well as Facebooks Libra.10 days4,450Dates on DemandCOURSE OBJECTIVES:On completion, you will be able to:10 days 3,65025 September - 06 October 2023Mombasa Understand pension principles and engender more robust pension scheme provisionApply best practice governance to ensure more effective management of pension scheme risks PENSIONS MANAGEMENT: ASSETPENSION MANAGEMENT: SUPERVISIONALLOCATION AND CAPITAL MARKET ISSUESNEW AND GOVERNANCE IN DEVELOPINGNEWIN DEVELOPING ECONOMIES ECONOMIESThe ultimate goal of pension schemes is to deliver pension promises Shape objectives and informed decision making on the proper The level of importance of pensions within socio-economic systems is Apply best practice governance to ensure more effectiveto its members, either those that are explicit in Dened Benet (DB) investment of pension scheme assetsmatched only by their complexity. Building sustainable and inclusive management of pension scheme risks schemes such as nal salary-based entitlements or those implicit in Identify the specic opportunities and threats relating to systems which assure decent retirement incomes is a key challenge Design and implement change in pension schemes to make themDened Contribution (DC) pensions, where members expect their investment of pension fund assets: for pension schemes and regulators. more sustainable and operationally efficient scheme to provide a meaningful retirement income.-In domestic and overseas marketShape objectives and informed decision making on the proper -In mainstream securities and private assets such as Private Effective pension systems rely on the engagement of a signicant investment of pension scheme assets These liabilities need to be matched by the schemes assets, which Equity and Infrastructurenumber of parties, all dedicated to delivering good retirement Identify the specic opportunities and threats relating toshould be structured in a way that reects the age prole of members.outcomes for pension-scheme members, including fund managers, investment of pension fund assets:This processgenerally referred to as Strategic Asset Allocation (SAA)KEY TOPICSscheme administrators and actuaries. -In domestic and overseas market forms the basis for pension schemes portfolio construction and Scheme types -In mainstream securities and private assets such as Privateinvestment strategy.Changes in pension provisionThe migration from Dened Benet (DB) to Dened Contribution (DC) Equity and InfrastructureThe role of the actuarysystems has only added to the issues that pension schemes and Around the SAA, investment managers may take active risk positions The valuation processregulators face as the risk and responsibility for the delivery ofKEY TOPICS based on their analysis of expected macroeconomic conditions. They Funding and investment management, including Private Equity retirement income passes from scheme sponsors to members. The Scheme types may also over- or underweight specic investment types relative to and Infrastructure role of DB pension provision presents new challenges, including Changes in pension provision the SAA based on their outlook using a Tactical Asset Allocation (TAA) Portfolio management and performance measurementassurance that members make good decisions regarding their The role of the actuary overlay. In the long term, pension fund asset values must be protected Scheme administration and governancecontribution levels and investment decisions. The valuation process against ination which erodes the real value of both investment Legislation and regulation Funding and investment management, including Private Equitycapital and retirement income. TrusteeshipThis programme provides delegates with a holistic understanding of and Infrastructurepensions from both the perspectives of regulators and pension Portfolio management and performance measurement COURSE OBJECTIVES:On completion, you will be able to:DURATIONFEE DATE VENUE scheme trustees and fund managers. In addition, it assesses best Scheme administration and governanceUnderstand pension principles and engender more robust pension 05 days1,95025 - 29 September 2023Mombasa practices for supervision and governance in the context of developing Legislation and regulationscheme provisioneconomies. Trusteeship Apply best practice governance to ensure more effective management of pension scheme risksCOURSE OBJECTIVES:On completion, you will be able to:DURATIONFEE DATE VENUE Design and implement change in pension schemes to make themUnderstand pension principles and engender more robust pension05 days1,95002 - 06 October 2023 Mombasa more sustainable and operationally efficient scheme provision 70e: trainingbookings@crownagents.co.uklt: +44 (0)20 3940 4300 w: crownagents.com/training 71'