Managing Retirement Plans Part 2
This course is required to earn the following designations: RPA, CEBS (Updated January 2022)
The RPA 2 Course is being extensively revised and a new Study Guide and textbook will be required reading for purposes of the CEBS program and the national exam. These materials will be available in the second quarter of 2024. The updates will be reflected in exams administered on or after July 15, 2024. These updates cover all modules of the course.
The course details below are for the exam being offered now through June 15, 2024.
Investment of plan assets is a critical component of retirement plan management. Decision making is contextdriven;
investment performance objectives are set to reflect a plan’s unique funding requirements. With the plan’s
performance objectives as a guide, and with awareness of which classes of assets can best facilitate their attainment,
investments and investment managers can be selected. Once selected, they can be monitored and evaluated. Investment
theory presented is transferable to management of assets in any type of plan. Investment environment, financial
markets and instruments, risk and return, asset allocation, performance measurement, and portfolio management
techniques are addressed. Examination of investment specific legislation and regulations, roles and responsibilities
of key stakeholders, management of issues in each step of the investment cycle, reporting and communication practices,
and industry tools and guidelines that support sound plan investment management bring a practical application.
Text-based reading is supported with regulatory guidance and industry-based practice guidelines.