Diploma in Employee Benefits and Retirement Savings

The overall aim of the Diploma is to provide holders with a comprehensive background to employee benefits and retirement savings in the UK.  This will equip them for work in pensions and allied areas and can lead to further study in these areas or toward completion of the Advanced Diploma.

Please note to undertake the Diploma you must be a Student, Certificate or Diploma member of the PMI.

The examinations will be based on English law and practice, except where the syllabuses state otherwise, and it will be assumed that examination answers have been made in accordance with laws of the United Kingdom.

The syllabus structure of the qualification is shown below. It is necessary to pass all three units to be awarded the full qualification. 

• Understanding Retirement Provision (UK)
• Regulation of Retirement Provision
• Reward and Retirement

Full details of the syllabuses for each of the units can be found in the qualification specification.

To access the online study material, please visit the Useful resources section for more information.

Whilst the online learning is designed to be comprehensive, further reading is recommended.

Appropriate weekly and monthly pensions publications and newspapers will all be of benefit to those preparing for the examination.

A comprehensive glossary of pensions terms can be found in the PMI/PRAG publication, Pensions Terminology, which can be purchased from the PMI.

There is also an Exam Command Verbs Explained document which can help you understand how to answer questions in the exam.

Core Unit 1A Sample Multiple Choice Questions

Core Unit 2 Sample Multiple Choice Questions

Reward and Retirement Provision

October 2019 - Core Unit 1A (short Answer Questions)

October 2019 - Core Unit 2 (short Answer Questions)

October 2019 - Reward & Retirement Provision

April 2019 - Core Unit 1A (Short Answer Questions)

April 2019 - Core Unit 2 (Short Answer Questions)

April 2019 - Reward and Retirement Provision

The PMI have recently launched the 'study skills' website, which will help learners understand how best to prepare for their exams, as well as gives tips and information regarding the specific style of exams you may be taking.

The study skills website can be found here -

https://www.pmi-study-skills.co.uk/

The examinations are offered in April and October for the Core Units in the qualification.

The Reward and Retirement unit is offered every April.

Examination centres

We only offer these exams online 

Acknowledgements

All entries will be acknowledged. Please make sure you have received an acknowledgement of your entry prior to the closing date for entries.

Late entries cannot be accepted.

Special circumstances

Candidates who may require special arrangements for reasons of disability or similar should contact the PMI. Sufficient time should be allowed for such requests to be considered and for any arrangements to be made. All requests should be received by the closing date for entries at the latest.

Withdrawal from examinations

Candidates who wish to withdraw from an examination must do so in writing via email.  Depending on the circumstances and timing of the withdrawal candidates may be entitled to a partial refund of the examination entry fee. Full details can be found in the 'wider information set' of the PMI website.

Examination marking

Responsibility for the operation of the PMI's examinations is delegated by Council to the ADRP Committee. The Committee operates a rigorous marking process with numerous safeguards to ensure the anonymity of candidates, the impartiality of examiners, reliability, consistency, validity, objectivity and fairness.

The marking in each module is undertaken by qualified Members of the PMI, under the direction of a team of senior examiners led by a Principal Examiner who is a member of the ADRP Committee. All scripts are independently double marked.

Examination results

The date for the results will be confirmed in due course.

The Institute does not publish the pass mark for the examinations. Pass rates are published in PMI News following each examination session.

Examination grades

There is only one grade of pass (Grade P on the result notification). There are two grades of fail:

Grade S Fail within five marks of that required for a pass

Grade T Fail more than five marks below that required for a pass.

PMI does not publish the pass mark for the examinations. Pass rates are published in PMI News following each examination session.

Revision courses in preparation for the April examinations generally take place in February/March. Courses for the October examinations generally take place in August/September.

Learners can book onto the revision session only via this link 

Candidates completing the Diploma are entitled to apply for Professional Membership with PMI with the designatory initials ProfPMI.