Overview

This is Unit 22 of the "Trust Training Certificate" ("TTC") (version 2.0) training programme.

This eCourse is prepared based on the recorded version of the webinar session held on 25 October 2024. For participants who plan to take the TTC Part B Stream 1/2 Examination at a later date, you should ensure you read the study guide and materials provided via the examination enrolment link.

It consists of one module:
Module 24: Trust as Private/ Voluntary Retirement Schemes – ORSO

If you wish to register for the full TTC (version 2.0) Part B Stream 2 Training Programme and Examination, click here. 

Please note that only the full programme is eligible for WAM FIS reimbursement.

Objective

On completion of this eCourse, you will be able to:
- Understand the basic requirement of ORSO schemes;
- Explain the different types of ORSO schemes;
- Describe the obligations and responsibilities of employers and trustee under ORSO schemes;
- Describe the administrative and reporting requirements of ORSO schemes; and
- Explain the tax position of ORSO scheme and contributions and benefits.

Content

This Module provides an overview of Occupational Retirement Schemes, which is established under a trust structure by virtue of Occupational Retirement Schemes Ordinance (“ORSO”).

Who should attend

This course is primarily designed for individuals who are interested in obtaining the "Trust Training Certificate" to qualify for the Hong Kong Trustees' Association Certified Trust Practitioner™ designation.

It is also relevant for individuals seeking a comprehensive understanding of the course subject matter and those planning to enter the Trust industry sector.