Scotland Regional Group: Wellbeing/COVID-19 & latest on GMP Equalisation

We are pleased to invite you to the next Pensions Management Institute Scotland regional group online seminar in association with The Society Of Pension Professionals. 

PMI launches new financial education and guidance service supported by WEALTH at work

The Pensions Management Institute (PMI) has announced the launch of a new financial education and guidance service supported by WEALTH at work called ‘RetirementMatters’. The service launched today at the PMIs ‘Trustee Fortnight event’, has been specifically designed to support employees and pension scheme members approaching retirement.

Technology in the Boardroom: The PMI/Passageways View

Trusteeship in a Digital Age

The onset of COVID-19 forcing lockdowns around the world has meant that businesses have had to pivot and adapt to remote working practices in order to keep continuity of service. Trusteeship is no exception to this.

Chris Roberts, Director at Dalriada Trustees will cover how COVID-19 has provided a catalyst for adapting the trusteeship experience for all trustees, the tools that are developing and the key points of trusteeship that the pandemic has uncovered.

Qualifications in unprecedented times

When we look at strategic investment in a pensions setting, then this will obviously guide us down the avenue of product rather than person. However, education is fundamental to development and growth. Education is also a strategic investment in its own right. Simply put, investments in quality education lead to more rapid and sustainable economic growth, and development for both the individual organisation and the economy as a whole. I make no apology for the insistence that education in this form is ‘strategic investment’ but without this as a holistic back note then none of the normal organisational processes would matter or run efficiently.

Employee wellbeing in a shaken population

Pension schemes don’t exist in isolation - the pension strategy always has to be looked at in the joint contexts of the wider employee benefit and engagement strategies. ‘Better outcomes for pension scheme members’ takes joined-up thinking that incorporates the evolving employee experience. The COVID-19 pandemic is the biggest crisis that the UK has had to deal with since World War II, resulting in a seismic impact on the public, government, economy, employment and education. For large sections of the UK workforce, financial confidence has been shaken to its core. As we transition towards the very gradual return to whatever shape and form the new ‘normal’ takes, we should be realistic about the unique challenges, uncertainty, fears and concerns affecting the UK workforce.