Resources

RISE IN DISSATISFACTION WITH PENSIONS POLICY – PMI PULSE

More than six in ten (61%) of pension industry respondents are dissatisfied with the direction of pensions policy in the past six months, according to the latest Pensions Management Institute (PMI) Pulse Survey. Dissatisfaction with pension policy has substantially increased from the 44% of respondents who were unhappy last year.

Sara Cook elected President of the Pensions Management Institute

The Pensions Management Institute (PMI) is pleased to announce the successful appointment of Sara Cook, as its President with effect from its 46th Annual General Meeting on 27th July 2022. Robert Wakefield, First Actuarial, has been elected as the new Vice-President.

Pensions Industry doubts it can deliver the Dashboard by 2023

• More than three quarters (78%) of respondents are not confident the Pensions Dashboard will be completed in two years

20 Punter Southall Governance Services trustees accredited under Aptitude, the PMI’s trustee accreditation programme

The Pensions Management Institute (PMI) and Punter Southall Governance Services (PSGS) are pleased to announce the accreditation of 20 trustees under PMI’s professional trustee accreditation programme, Aptitude.

What Trustees need to do to protect members from pension scams

What Trustees need to do to protect members from pension scams. Unfortunately, scammers often see turbulent times like these, when people are concerned and vulnerable, as an opportunity. In July, Action Fraud reported that victims of coronavirus-related scams had lost over £11million, with it previously stating that pension scams had been among the most common type of fraud during the crisis. Victims of pension scams can be left approaching retirement with a significantly reduced income and in some cases, entire life savings can be lost.

Risk Settlement

Charles Ward, Professional Trustee at Dalriada Trustees discusses the risk settlement options available for pension schemes.