Certificate in Pensions Administration
09 April 2014
Given the recent legislative changes impacting on pensions, including automatic enrolment, there is an increasing demand for businesses to ensure that their payroll and pension practitioners are equipped with the necessary pensions knowledge and practical skills to ensure that this crucial process is carried out accurately and efficiently.
Errors in pension administration can be extremely costly so by providing employees with the relevant training, businesses can ultimately save themselves a lot of money.
This certificate provides a clear opportunity for students to develop and demonstrate their knowledge, understanding and application of job roles in the pension industry.
Upon successful completion, delegates will receive a nationally recognised KPA level three Certificate in Pensions Administration.
The qualification is split into seven mandatory units over nine months:
- Overview of UK pension schemes
- Providing pension scheme information
- Creating and maintaining pension scheme member records
- Transferring into and out of pension schemes
- Amend pension records to reflect a members change of circumstances
- Payment of scheme benefits to pensioners
- Working as a member of the pensions team
Who will benefit from the KPA level three Certificate in Pensions Administration?
This qualification is aimed at individuals who are responsible for pensions administration within public or private organisations and who are new to pensions administration. They may have received little or no previous formal training or qualifications.
It also provides an excellent entry level qualification and provides a solid grounding for individuals who want to progress to the Foundation Degree in Pensions Administration and Management.