Pensions Aspects Magazine

PMI Crest
PMI
Winning in a virtual world
07 June 2021

Winning in a virtual world

“Welcome, it’s lovely to meet you!” I say enthusiastically, studying the new face on my screen. With a lack of body language and visual cues to help me, I find myself searching my new colleague’s backdrop for clues to her personality and interests. It doesn’t give much away, but after spying a cat picture on the wall, I get the sneaking suspicion that we will get on just fine.

Read more
Membership by experience (EPMI)
07 June 2021

Membership by experience (EPMI)

The PMI recognises there are senior professionals with considerable experience working successfully within the pensions industry, but they may not hold a formal PMI qualification. It may not have been practical for them at this stage in their career to undertake the PMI qualification but as the PMI develops and expands, the Institute would like to find a way of engaging these individuals.

Read more
Climate risk update - a quick guide
07 June 2021

Climate risk update - a quick guide

The Pension Schemes Act 2021 (the Act) introduces a requirement for occupational pension schemes to manage the effects of climate change as a financial risk, and to report on how they have done so in line with the Task Force on Climate-related Financial Disclosures (TCFD) recommendations. A compliance framework regarding the new duties will be put in place, including additional powers being given to The Pensions Regulator (TPR).

Read more
The role of technology in member communications and engagement
07 June 2021

The role of technology in member communications and engagement

It’s been well over a year since our first national lockdown and life has changed considerably for many pension scheme members since then.

Read more
Tips for avoiding communications traps
07 June 2021

Tips for avoiding communications traps

Many trustees and employers are on a constant quest to capture the interest of their membership, and with good reason: there’s a clear correlation between improved member engagement and better member outcomes. With greater information and understanding, members are more likely to make appropriate decisions, keep their scheme up-to-date with the information it requires, and be less likely to fall victim to a scam. But schemes must be careful about the ‘hows’ and ‘whats’, particularly in the light of a couple of recent industry publications. So, how can we make sure employees are engaged and financially literate, whilst avoiding the risks inherent in doing so?

Read more
The Pensions Regulator’s Climate Change Strategy - some key comments and next steps
07 June 2021

The Pensions Regulator’s Climate Change Strategy - some key comments and next steps

On 7 April 2021 The Pensions Regulator (TPR) published its Climate Change Strategy, including its approach to the trustee requirement for Statement of Investment Principles (SIPs) to include an Implementation Statement by 1 October 2021. Considered below are some of the key extracts from the Strategy, together with a practical summary of related SIPs and Implementation Statement requirements.

Read more

Full magazine editions