Retirement Fund Valuation Principles and Insights Training

Learning Outcomes

• Demonstrate knowledge of the key principles and concepts underlying retirement fund valuations.
• Apply appropriate valuation methods to determine the financial position of a retirement fund.
• Analyze the impact of assumptions, such as investment returns and mortality rates, on valuation results.
• Evaluate the funding level and solvency of a retirement fund using valuation reports.
• Interpret valuation reports to communicate findings to stakeholders and support decision-making.

Target Audience

This course is designed for pension fund trustees, retirement fund administrators, financial advisors, and human resources professionals who need to interpret and apply valuation principles in the context of retirement funds.

Prerequisites

None — open enrollment. However, a basic understanding of financial mathematics and retirement fund structures is recommended.

Course Outline

Practicals

Overview

Practical sessions provide hands-on experience with valuation calculations, data analysis, and report interpretation. Learners will work through case studies using spreadsheets and sample data to apply actuarial assumptions and produce valuation outputs.

Practical Activities

• Data Collection and Assumption Setting — Learners receive a mock dataset for a defined benefit fund and set key actuarial assumptions (discount rate, inflation, mortality) based on provided guidelines. (2h)
• Valuation Calculation Exercise — Using a spreadsheet template, learners calculate the present value of accrued benefits and the funding level for the defined benefit fund. (2h)
• Sensitivity Analysis and Report Interpretation — Learners perform sensitivity analysis by varying key assumptions and interpret the impact on funding level. They then review a sample valuation report and identify key findings. (2h)

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.