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Pension Plan Management Explained
Introduction
Pension Plan Management has always been an important matter but has never enjoyed the attention, in Jamaica, which it truly deserves. However, many recent developments coupled with the Pension Reform highlight the absolute necessity for all Pension Plans to be effectively managed.
The comments below are intended to demonstrate why a Pension Plan may need a Consultant, part of whose duty is to appropriately advise the Trustees on a range of very important issues on a continuous basis. Such a Consultant could be considered as an Executive Trustee or a Pension Plan Manager.