Diploma in Pension Trusteeship

This Diploma will be of interest to a variety of PMI members and others acting as trustees of DB and DC workplace pension schemes including:

• Members of Governance Committees
• Trustees and Scheme Secretaries
• Those who have completed the Pensions Regulator’s trustee Toolkit
• Those interested in trusteeship

There is no intention to produce any study materials to cover the technical content of this qualification, although there are many textbooks on the subject of trustees and trusteeship, and the PMI will provide a reading list of these plus journals and magazines for guidance (within Guidance Document).

It is envisaged that training materials/courses may be developed in future, via a series of ‘Masterclasses’.

This is also known as Total Qualification Time (TQT).

TQT is a measure required by Ofqual the qualifications regulator and is comprised of:

• Guided Learning Hours (GLH). This means time spent being taught by an instructor (and not necessarily face to face);

Guided learning hours (GHL)              0              (Distance learning)

Self-study (SS)                                      160            (40 per learning outcome)

Summative Assessment (S)                2              (Online Exams)

Total Assessment Time (TAT)              4              (F+S)

Total Qualification Time                     164 Hours (GLH+SS+TAT)   

• Study Time. This means self-study/revision/reading
• Assessment Time: This is both Formative and Summative (Mock Exams and Final Exams)

The above estimates are based on evidence we have gathered from users of our qualifications, past experience and benchmarking exercises. The evidence we have gathered indicates that there is considerable variation within the overall TQT estimates as blended approaches are common with differing mixes of Guided Learning and other elements which contribute to TQT.

These estimates are reviewed regularly.

Please note: To sit this qualification, you must be at least a Student member of the PMI. 

You do not have to apply for a PMI membership separately as the applicable membership price (if required) will be added to you cart when registering for the exam.

For new students or former students returning to the PMI the student membership fee will be £185 and will be valid until 31st August 2026.

Existing student members will not be charged a membership fee at point of exam enrolment but will be invited to renew their membership in 2026.