To support apprenticeships for the Pensions Industry, the PMI has been central to some of the exciting new apprenticeship developments in Workplace Pensions. The PMI has worked in collaboration with a number of employers and other professional bodies over the years to help create apprenticeships within the Pensions Sector:
- the entry Level 3 Workplace Pensions Administrator or Consultant apprenticeship (now called the Pensions Administrator Apprenticeship) and
- the Higher Level 6 Financial Services Professional apprenticeship (which has a tailored Pensions pathway)
As these new apprenticeships are designed by employers and other industry experts you can be confident that they have a great fit for your job roles, providing a new entry route and progression pathways for the profession.
The great news is that both these new apprenticeships include the relevant PMI professional qualifications, so you can use the apprenticeships to deliver the qualifications you need – using apprenticeship funding to pay for those (either from Government or via your apprenticeship Levy).
As well as being the awarding organisation for these aligned qualifications, the PMI are also approved as an end-point assessment organisation for the Level 4 Actuarial Technician apprenticeship. This adds another dimension of professional standing and rigour to the apprenticeship, and places the PMI in a great position to support your organisation’s apprenticeship journey.
Discover more about the detail of these apprenticeships here:
Pensions Administrator Standard (Pensions Administrator Assessment Plan)
Actuarial Technician Standard (Actuarial Technician Assessment Plan)
Financial Services Professional Standard (Financial Services Professional Assessment Plan