The partnership will focus on the key considerations facing pension scheme trustees in the context of IRM which is exceptionally important to UK defined benefit schemes and is an area of continued focus for The Pensions Regulator.
This partnership will give PMI members access to Lincoln Pensions’ insights and expertise on a range of covenant-led IRM services including journey planning, risk transfer and managing stressed schemes through multiple distribution channels, including monthly magazine ‘Pensions Aspects’, email newsletters, events, PMI TV and its dedicated Insight Partners web area, so that they can be properly informed during these testing times.
PMI’s Insight Partnerships are developed with organisations considered to be experts in the industry, supporting innovation on current, pertinent issues and adding value through the delivery of insight.
Michael Bushnell, MD, Lincoln Pensions, commented:
“We are delighted to enter into this partnership with the Pensions Management Institute, a key membership body with its finger on the pulse of the pensions industry.
The Covid-19 pandemic has put pension schemes across the UK under unforeseen pressure, presenting Trustees and scheme managers alike with an array of challenges as they aim to deliver good member outcomes amid uncertainty. Whilst the concept of IRM is widely acknowledged, practical application can remain challenging, particularly in this environment where rapid decisions may be required.
By working alongside the PMI, we will deliver insight and guidance on all issues related to IRM so that the body’s varied membership can access expert advice to encourage innovation and tackle key issues facing DB schemes.”
Gareth Tancred, Chief Executive, PMI commented:
“This exciting new partnership will enable our membership to access a range of high quality guidance around IRM and we are thrilled to welcome Lincoln Pensions on board.
Through the various channels available to our members, Lincoln Pensions will offer up their expertise so that it is readily available through digital and traditional platforms. We aim to provide our members access to a holistic education that encompasses the entire pensions industry and are excited to now incorporate IRM into our offering.”
Last update: 22 September 2020