foundations-of-trust-management-standards-ftms-sessions-17e4 IFEBP > Education > Certificate Programs > Foundations of Trust Management Standards > Foundations of Trust Management Standards (FTMS™)—Session Schedule, Speakers and Handouts Foundations of Trust Management Standards (FTMS™)—Session Schedule, Speakers and Handouts Page Content Session handouts were available to registered attendees from Wednesday, September 20 through Monday, November 27. Please contact edprog@ifebp.org if you have questions or need assistance. Show Date: Monday, September 25, 2017 Tuesday, September 26, 2017 Wednesday, September 27, 2017 Monday, September 25 8:30 AM – 8:45 AM FTMS01 Introduction (#39—FTMS) 8:45 AM – 12:15 PM FTMS02 Legal Michael C.P. McCreary, LL.B. InstructorSenior PartnerWatson Jacobs McCreary LLPToronto, ON • Define basic terms related to trusts • Explain the purpose and key elements of trust agreements • Describe key legislation and its implications for operation of trusts • Identify fiduciary obligations of Trustees • Explain basic Trustee duties • Explain examples of Trustees who have found themselves in difficult situations (cases) • Identify strategies to put in place to protect Trustees, beneficiaries, settlors and subsequent participating employers • Identify exemption clauses commonly included in fiduciary liability insurance policies (#39—FTMS) 1:00 PM – 4:15 PM FTMS03 Administration Lisa M. Watt, CEBS InstructorPartnerManion, Wilkins & Associates Ltd.Toronto, ON • Outline key functions required of Trustees for effective management of trusts • Explain the significance of the Trust Act, trust agreement, collective agreement, participation agreement and benefit plan text for meeting fiduciary duty • Describe key service providers that support Trustees in their role as legal administrator • Describe key considerations for selecting and managing service providers • Outline the benefits and challenges in self-administration and third-party administration • Outline typical administrative activities • Explain the importance of Trustee meetings and meeting protocol in their role as legal Administrator (#39—FTMS)