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Foundations of Trust Management Standards (FTMS™) Session Schedule, Speakers and Handouts

Session handouts were available to registered attendees from Monday, July 17 through Wednesday, September 20. Please contact if you have questions or need assistance.

Show Date:  

Thursday, July 20

8:15 AM – 8:30 AM

FTMS01  Introduction


8:30 AM – 12:00 PM

FTMS02  Legal

Mark T. Firman Instructor
Director and Legal Counsel
Ontario Teachers' Pension Plan
Toronto, 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)

1:15 PM – 4:30 PM

FTMS03  Administration

Mike F. Neheli Instructor
Manion 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)