Resources

From minor data to Master Trusts

Member engagement in 2030

This is the third essay in a series of six produced by the PMI’s Master Trust Innovation Workstream. This essay aims to set out how we can expect member engagement with Master Trusts to evolve in the next five to ten years

Impact of unemployment on your retirement goals & member engagement

Covid-19 has had a devastating impact on the global economy as well as the significant loss of life. We take a look at the employment sector in the UK and how being out of paid work can have a detrimental impact on your retirement goals.

DC considerations: communicating with people in challenging times

“My parents are in a high risk category”, “my partner’s been furloughed”, “I’m burning through cash” and “the market has dropped 30%” – in unsettling times people need clear, reassuring information. Otherwise there’s a danger they might be tempted to make kneejerk decisions and derail their retirement plans.

Evolving ESG regulation and its impact on DC

You’ve updated your statement of investment principles; you’re preparing to write an implementation statement… surely it’s time for a lull in regulatory changes for Defined Contribution (DC) investments? Actually, no – there’s a range of developments on the horizon that DC trustees need to consider and plan for. Here’s an overview of key points to watch.

Understanding yourself in pensions

I started working in pensions back in 2014 at only 19 years old and with a background of A Levels in Maths, Psychology and Spanish, and then a year working in retail. I was part of Aon’s first intake of pension consulting apprentices and so it was a new experience for those working with me, as well as for me having never had an office-based job before. I had no previous knowledge in pensions and started with the more straightforward tasks such as updating trustee training logs and pulling together meeting packs. Fortunately for me, my colleagues were encouraging and as my knowledge and capability improved, I was delegated more complex work.

PMI Mentoring and Development Programme: mentee update

Starting the Pension Management Institution’s mentoring scheme during a pandemic has been an interesting experience. When I first found out I had the opportunity to become a mentee, I was really pleased and raring to go. But then coronavirus hit, and in the rush to adapt to this new way of working, things didn’t begin as soon as I would’ve liked.