Retirement Fund Report Analysis for Governance and Risk Training

Learning Outcomes

• Analyse retirement fund financial statements and reports to assess financial health and compliance with regulatory requirements.
• Evaluate governance structures and risk management frameworks within retirement funds to identify gaps and recommend improvements.
• Apply relevant legislation, including the Pension Funds Act and governance codes, to retirement fund reporting and decision-making.
• Interpret actuarial valuations, investment reports, and benefit statements to inform fund governance and risk mitigation strategies.
• Implement procedures for monitoring and reporting on retirement fund performance and compliance to stakeholders.
• Demonstrate the ability to present findings and recommendations based on report analysis to trustees and management.

Target Audience

This course is designed for retirement fund trustees, principal officers, compliance officers, risk managers, and financial advisors who are responsible for oversight and governance of retirement funds.

Prerequisites

None — open enrollment

Course Outline

Practicals

Overview

Practical sessions enable learners to apply report analysis techniques to real-world retirement fund reports, reinforcing governance and risk assessment skills. Learners will work through sample reports to identify key metrics, compliance issues, and risk indicators.

Practical Activities

• Practical 1: Analyzing Financial Statements — Learners analyze a sample retirement fund's financial statements to assess solvency, liquidity, and expense ratios. (1h)
• Practical 2: Actuarial Valuation Review — Learners review an actuarial valuation report to determine surplus/deficit and contribution adequacy. (1h)
• Practical 3: Investment Performance and Compliance Check — Learners evaluate investment performance against benchmarks and check compliance with statutory requirements. (1h)

Summatives

Each delegate is assessed continuously throughout the course via daily exercises, scored practical assignments, and a final summative test at the end.

Practical Assignments — 30%

Practical assignments are observed and scored against a rubric during the practical sessions. Each delegate's practical mark is averaged into a single 100% score and contributes 30% to the final total.

Daily Exercises — 20%

Every training day ends with a multiple-choice exercise scored out of 100%. The scores from each daily exercise are averaged across the duration of the course to produce a Daily Average mark, which contributes 20% to the final total.

Final Test — 50%

On the last day a final summative test is written. It is a multiple-choice paper with multiple-answer questions: each question may have more than one correct option, and a single wrong selection on a question marks the entire question wrong — no partial credit. The final test is scored out of 100% and contributes 50% to the overall mark.

Final Total

Component	Out of	Weight
Practical Assignments (rubric-scored)	100%	30%
Daily Average (multiple choice)	100%	20%
Final Test (multi-answer multiple choice)	100%	50%
Final Total	—	100%

All marks are recorded on the AATICD LMS and visible to each learner under their account.

Certificate

How it works

• Certificates are auto-generated on the AATICD LMS as soon as the marks pass the 50% threshold.
• Each certificate is a branded PDF with the delegate's name, the course title, the unit standard ID, NQF level, credits, and the date of issue.
• You can download or print your certificate from your LMS dashboard at any time after issue — there's no reissue fee and no expiry date.
• If you scored under 50% you can sit the final test again at the next scheduled session at no extra cost.

Where to find it

Sign in to the LMS, open your dashboard, and your certificates appear under My Certificates. Each entry has a View / Download button and a print option.

Training Discounts

Group discounts apply automatically — the more delegates you enrol, the greater the saving. Discounts are calculated at 3% per 5 delegates, scaling up to 40% off for 100+ delegates.

Delegates	Discount
5	3% off
10	6% off
15	9% off
20	12% off
25	15% off
30	18% off
50	30% off
75	35% off
100	40% off

3% discount per 5 delegates, up to 40% off for 100+ delegates. Contact us for a custom group quote.