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Latest news
JLT renews study support partnership with the PMI
We are pleased to announce that we have agreed a new study support partnership with JLT Benefit Solutions, one of the four largest employee benefits consultants in the UK, for three years. JLT Benefit Solutions will act as a Study Support Partner (SSP) for Module 304 Communication of our Advanced Diploma in Retirement Provision.
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| PMI prepares for 2012 challenges |
Over the past year, we have been reviewing the challenges posed by the auto-enrolment reforms. As a result of this review, we have now established a specific committee – the 2012 Action Working Party (2012 AWP) – to ensure that all aspects of our activities fully address the sweeping changes that will take effect from 2012.
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| PMI Advanced Diploma and the Retail Distribution Review |
A recent agreement with the Chartered Insurance Institute (CII), allows holders of PMI’s Advanced Diploma a streamlined route to achieving a Retail Distribution Review (RDR) - compliant qualification.
For further details click here.
Professional Development Forums 2010
We would like to thank all of our speakers from DLA Piper, Mercer and Hewitt as well as the hosts: The Pensions Trust, Standard Life and Hewitt.
Click here for further details and to access the presentation slides.
Volunteers needed to test consumer Retirement Guide to Money
As part of their National Strategy for Financial Capability, the Financial Services Authority (FSA) has developed Your Guide to Retirement, a consumer handbook which aims to demystify the financial side of moving from work into retirement, explaining the steps and choices people can make to improve their financial security through retirement. It is designed for anyone between six and twelve months from retirement and the FSA is looking to recruit trustees, employers, consultants, advisers and anyone working with the target market to participate in a pilot to distribute the guide.
Please click here for further details.
| PMI announces major new DC research project with Standard Life |
We are pleased to announce that we have agreed terms for a new research partnership with leading work based employee long-term savings provider Standard Life. The research, entitled ‘PMI/Standard Life DC Pulse’, will investigate alternative methods of providing adequate ways of saving for retirement as more and more final salary schemes are closed down.
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Auto-enrolment - facts and employer issues
In this article, our Administration SIS partner Xafinity Paymaster looks at both the basic nuts and bolts of the auto-enrolment requirements and some of the ‘behind the scenes’ implications, many with associated additional costs for employers.
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| New Pensions Specials from Sackers |
A number of new Pensions Special newsletters, a series of articles focusing on the current state of play on a particular topic and produced exclusively by our Legal SIS partner Sackers, can be found on their SIS web page. Click here to keep up to date on the latest developments.
Demonstrating good scheme governance
Our Accounting SIS partner, Baker Tilly, has developed a facilitated governance review which will assist trustees when considering key aspects and will help build an action plan which should in turn lead to the scheme operating more efficiently and manage risk better.
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| PMI survey reveals institutional interest in commercial property is on the rise |
We are pleased to announce the launch of the annual research report, ‘What’s on the Horizon? Real Estate Investment for UK Pension Funds’, partnered with global real estate investment manager PRUPIM, which investigates what 200 leading UK pension fund managers and trustees think about real estate as an investment.
To view the report please visit the PRUPIM website at www.prupim.com/whatsonthehorizon
| PMI survey stresses key role of professional institutes |
Professional qualifications and membership improve an individual’s employability and salary levels, our latest survey reveals.
Our first ever career development survey shows that 94% of respondents believe PMI qualifications and membership are an investment in their future and have improved their employability in these difficult times.
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We are currently looking for volunteers to review PMI News articles. If you are interested and think you can help, please contact the Commercial Development Department at
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or on 020 7392 7425 for further details.
| Consultation Paper – PMI membership survey |
The PMI External Affairs Committee would like to thank those members who returned the online questionnaire relating to the Pension Protection Fund (PPF) consultation on the future development of the PPF levy.
The views solicited were very helpful in assisting the PMI shaping its own response which is now available here
| Professional institute qualifications and membership put thousands of pounds in your pocket! |
Recent evidence from consultant London Economics shows that an individual can put more than an extra £150,000 into his or her pocket by holding professional qualifications (estimated worth £81,000) and holding membership of a professional institute (estimated worth £71,000) over the course of a working life. That's the equivalent of £15 each day!
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| 20% discount on latest Pension Trustee’s Handbook |
The PMI are pleased to be supporting a new title from Thorogood Publishing business books - the Pension Trustee’s Handbook, 6th Edition by Robin Ellison, Head of Strategic Development, Pensions at Pinsent Masons and immediate past Chairman of the NAPF.
The Pension Trustee’s Handbook is the definitive guide to the trustee’s role – a no-nonsense, practical book that Pensions Today Magazine calls ‘mandatory education for your trustee board’. The 6th edition has been fully updated.
Click here to receive a 20% discount on this publication (Promotional Code: PTH6PMI).
PMI's three morning forums addressing the most topical current issues in the pensions industry and the associated learning, training and development requirements these will place on those in the industry took place in Leeds on 30 April, followed by Edinburgh on 5 May and London on 10 May. All three were fully booked.
Further details and copies of the speakers slides are available here.
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