Managing Retirement Plans Part 2
This course is required to earn the following designations: RPA, CEBS
*Important note: The RPA 2 Course (Managing Retirement Plans Part 2) is being extensively revised and a new Study Guide and textbook are required reading for purposes of the CEBS program and the national exam. These materials will be available beginning October 2021. The updates will be reflected in exams administered on and after January 15, 2022. These updates cover all modules of the course.
Investment of plan assets is a critical component of retirement plan management.
Decision making is context-driven; 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.