This module is relevant for students who wish to learn about the practical aspects of introducing, implementing and administering a share plan. It will explain the role of advisors and consultants, the services provided by administrators and trustees and the detail of operating a plan.

Learning outcomes

On the successful completion of this module, the student should be able to:

1

understand the factors which influence the drafting of trust deeds and plan rules which constitute a share plan

2

appreciate the roles of the advisers, administrators and Inland Revenue in preparing the documents to implement a share plan

3

follow the process from drafting through to implementation and systems development

4

understand and evaluate the impact of legislative changes, technical updates and corporate events on computer systems

5

explain the role of communications in launching a plan

Synopsis of content

1

Choosing a plan structure/design and drafting the detail

2

The role of consultants and administrators

3

Project Planning – analysis of the plan for implementation

4

Developing the computer systems to administer the plan

5

Preparation of communications material

6

Launching the plan

7

Issues which arise during the life of a plan e.g. corporate events

8

How to report annual share plan activity – the reporting requirements

9

Maturity – retention, sale, cashless exercise

10

The impact of the Data Protection Act