PMI Crest
PMI
Aptitude Accreditation for Professional Trustees
Other Other

Aptitude Accreditation for Professional Trustees

Developed by the Pensions Management Institute, the Aptitude programme was formed following standards published by the Professional Trustee Standards Working Group (PTSWG) in 2019 to raise standards and provide assurance about the quality of professional trustees and discourage poor practices in the market.

Apply

Bell

We are pleased to offer our congratulations to Michael Clark, Trustee and Director at CBC Pension Services for becoming the first accredited professional trustee in the UK.

Who is this course for?

Audience

Open to all professional pension scheme trustees, who meet the Pensions Regulator's (TPR) description of a professional trustee: "any person, whether or not incorporated, who acts as a trustee of the scheme in the course of the business of being a trustee”.

Assessment method

Note

To hold accreditation, professional trustees will have to pass an initial application, which includes the following:

  • have successfully completed the latest Pensions Regulator’s Trustee Toolkit;
  • have passed the Pensions Management Institute’s Level 3 Certificate in Pension Trusteeship (CPT) Unit 1 - Professional Trusteeship - a multiple-choice exam of 60 questions, lasting 90 minutes. (Please note, learners already holding the Award In Pension Trusteeship (APT), will be exempt from sitting Unit 1, and it will count towards the final certificate as having been completed.);
  • have passed the Pensions Management Institute’s Level 3 Certificate in Pension Trusteeship (CPT) Unit 2 - Soft Skills - a multiple-choice exam of 60 questions, lasting 90 minutes;
  • comply with the ‘fit and proper’ requirements;
  • basic DBS check;
  • proof of credible and relevant employment history within the industry for the past 5 years;
  • references from two reputable figures within the industry, such as an existing accredited professional trustee, a pensions lawyer or a scheme actuary.

Cost

Wallet

Qualification fees:

Certificate in Pension Trusteeship Unit 1 £300

Certificate in Pension Trusteeship Unit 2 £300

Accreditation fee £500+VAT

Renewal fee (PMI members*) £150+VAT

Renewal fee (non-members) £300+VAT

*PMI Fellow and Associate members, who are also PMI accredited professional trustees, can enjoy 50% off Trustee Group membership at the next renewal cycle.

 

In order to proceed with the application process and access the application form, payment is first required. 

Apply

“We regard the accreditation of Professional Trustees as crucial in promoting improved governance standards. We are pleased to note that PMI has produced an accreditation programme which aims to play an important role in achieving our shared objective of improving standards within the professional trusteeship sector. I encourage professional trustees to fully engage with accreditation programmes."

David Fairs, Executive Director of Policy at The Pensions Regulator

Any questions?

CONTACT OUR TEAM

membership@pensions-pmi.org.uk

Contact now
PMI Crest

Useful resources

PMI Crest

FAQs

EVERYTHING YOU NEED TO KNOW