Employee Benefit Trusts and Share Plans
Course Details
Duration: 5 x 2 Hour Seminars (09.00 - 11.00)
Venue: Forward Training Suites, 2 Mulcaster Street, St Helier
Cost: £500 (FastForward Units not applicable)
CPD Hours: 10 Hours
Course Overview
The aim of this programme is to provide practitioners and intermediaries with an understanding of Employee Benefit Trusts and Share Plans from the perspective of employers, employees and regulators and the issues that affect their implementation and and administration.
Target Audience
Training is aimed at individuals working in employee benefits and can be targeted to new starters with no EBT or Trust experience, individuals moving from another area of Trust, to all levels of administrators
wanting to develop their overall knowledge of EBTs and the field of share plans.
Training can also be targeted to improve employees’ confidence and ability both in administration and in the area of account management, to promote confidence when meeting and presenting to existing clients or potential new business.
Course Content
Seminar 1 - Introduction to Employee
Benefit Trusts
(27 January 2009 or 29 September 2009)
- Definition.
- Purpose.
- Parties.
- Documentation.
- On shore vs. offshore.
- Operation of an EBT.
- History of EBT’s.
Seminar 2: Share Plan Design and Implementation
(3 February 2009 or 5 October 2009)
- Types of Share Plan.
- Defining objectives - Company / Employee.
- Design Issues.
- Stakeholders.
- Costs.
- Communication.
- Legal Issues.
- Tax Issues.
- Implementation process.
Seminar 3: Approved Share Plans
(10 March 2009 or 27 October 2009)
- Definition
- All Employee Approved Plans.
- Share Save
- SIP’s
- Discretionary Approved Plans.
- CSOP’s
- EMI’s
- Restrictive Nature of Approved Plans.
Seminar 4: Unapproved Share Plans
(21 April 2009 or 10 November 2009)
- Definition.
- Long Term Incentive Plans.
- Performance Share Plans
- Restricted Share Plans
- Bonus Plans.
- Co-Investment/Bonus Plans
- Deferred Bonus Plans
- Phantom Share Plans.
- Share Appreciation Rights Plans.
Seminar 5: Share Plan Administration and the Role of the Trustee
(5 May 2009 or 8 December 2009)
- Grant.
- Company or Trustee
- Process
- Documentation
- Share Purchase.
- Exercise.
- Process
Transfer
Sale
Sale and transfer
- Other Issues.
- Tax
- Record keeping
- Client communication
- Dividends
- Understanding the Trustee’s
responsibilities - Client vs. Beneficiary
Learning Outcomes
Having attended this course, delegates will:
- Have an understanding of Employee Benefit Trusts and Share Plans from the perspective of employers, employees and regulators and the issues that affect their implementation and administration.
- Be in the best position to provide top customer service enabling businesses to keep their existing clients and win new ones. Providing relevant training is an invaluable way of motivating and valuing employees.
- Have improved knowledge and ability both in administration and in the area of account management, which promotes confidence when meeting and presenting to existing clients or potential new businesses.