BTX9603 - Retirement funds administration

Offered

South Africa First semester 2007 (On-campus)

Objectives

The learning goals associated with this unit are to:

• develop the capacity to analyse obligations of employers in respect of contributions to retirement funds and the statutory administration obligations
• develop the ability to describe and explain the functions of the consultants, administrators, trustees, principle officers, actuaries and the Registrar of the FSB in respect of administration of retirement funds
• evaluate the difference between defined benefits and defined contribution schemes and the administration practices.

Assessment

Individual assignment (3000 words): 30%
Examination (3 hours): 70%

Contact hours

3 contact hours per week.