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.
The examinations are offered in April and October for the Core Units in the qualification.
The Reward and Retirement unit is offered every April.
You wil be sent these once you have booked and paid for your course entry
We only offer these exams online
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.
Admission permits will be issued to candidates at least 2 weeks before the examinations take place.
All candidates for the Diploma examinations are required to take appropriate photo identification to the examination hall.
The following documents are acceptable as identification:
a current passport
a national identity document containing your photograph and signature
a company identification card containing your photograph and signature
a driving licence containing your photograph and signature
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. 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 examination regulations.
Responsibility for the operation of the PMI's examinations is delegated by Council to the Board of Examiners. The Board 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 Board of Examiners. All scripts are independently double marked.
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.
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.
In the event of written cancellation four weeks before the course, 50% of the fee will be refunded. No fees are refundable after this date, though it will be possible to substitute an attendee up to the day of the course.
Candidates completing the Diploma are entitled to seek election as Diploma Members of PMI with the designatory initials DipPMI.