Risk ManagementLife Office Practice |General Insurance Practice | Training |Personal Financial Planning | Pension Plans
2. Pension Plans
5. Executive Compensation Systems
6. Design of Financial/Investment Products for the institutions that offer same and for the employees of companies
7. Selection of staff for companies in the areas of:
8. Sourcing and configuration of software to administer Pension Plans
9. Complete service of Design, Implementation and continuous advice to institutions wanting to offer Approved Retirement Schemes (Individual Pension Plans) to the general public
10. Crafting of Investment Policy for Pension Plans
i. Course on PENSION PLANS (See outline of full course enclosed herein)
This Course is suitable for:
ii. Training in Group Life, Group Health, Group Personal Accident and Group Savings/Investment Products.
iii. Seminars on Financial/Retirement Planning (Personal Financial Planning)
iv.Training of Life Insurance Sales/Marketing Personnel in Personal Financial Planning covering areas such as:
v. Other areas in which we consider ourselves competent. Please ask us.
Personal Financial Planning is becoming increasingly important for companies and their employees. It is evident that the prudent use of money can make the difference between prosperity and poverty.
Employees who understand and do use their money prudently become financially secure, put much less pressure on the employer, are more contented, pay more attention to their jobs and are more productive.
Financial pressures can cause anyone to become distracted and less productive. It is therefore, in the best interest of employers to see that their employees are fully exposed to a formal process of personal financial planning.
ACTMAN shall be conducting one-day seminars on this subject matter on a regular basis. Details of this will be supplied to our clients/potential clients on a timely basis.
We are also quite prepared to do these seminars exclusively for large companies (on site or elsewhere). ACTMAN has also written and published a book entitled “A Handbook of Personal Financial Planning”.
We believe that this book offers the perfect complement to the course.
We have provided a broad outline of the contents of the course material
Broad outline of Course for One-Day Seminar
(1) The Planning Exercise
(2) The Budgeting Exercise
(3) Risk
(4) Economic Model
(5) Prospect for Sectors
(6) Important Characteristics of Financial Institutions
(7) Important Characteristics of Saving/Investment Instruments
(8) List of available Savings/Investment Instruments
(9) Savings/Investment Instruments Analysis based on O (7)
(10) Open Session, Wrap-up
ACTMAN International in conjunction with an accredited tertiary educational institution, propose to deliver a ten (10) module Course on Pension Plans starting in January 2008.
The Course is suitable for:
The course will consist of case studies, quizzes, problem papers and tests. At the end thereof an official certificate will be issued to each participant who have covered all the modules. The modules will be largely self-contained and so persons may attend one, some or all. The cost structure will depend on the number of modules attended. We expect to finish the course in ten (10) months by doing one module one day per month. The intention is to run two groups concurrently (e.g. Group One on the first Friday and Group Two on the third Friday) every month.
Pension is becoming increasingly important in Jamaica and ACTMAN is committed to provide training and specially written material for all the stakeholders. We have already started writing a book entitled Pension Plans, which will cover the course material and more. Participants will be entitled to a steep discount on this book when published.
The cost for the whole Course shall be about $120,000 while the cost per module will be $15,000. Clearly these costs are subject to change over time but not during the duration of the Course. The costs are determined on a calendar year basis.