The qualification is assessed by a 90 minute examination in the form of a 60 question multiple choice exam paper, designed to test knowledge right across the syllabus.
Where and When are Examinations Held?
Public Examination Sittings
There are two public examinations per year; March and September. Public examinations will be at exam venues in the following locations:
Private Examination Sittings
It is possible to arrange a private examination sitting. Please click the link for further information.
Each question on the exam paper scores one mark. All questions should be attempted there is no difference in marking between a wrong answer and one left unanswered
There are two grades for this qualification: (P) Pass or (F) Fail.
Successful candidates receive a Qualification Certificate.
Registration and Examination Entry Forms
Can be found on our Dates, Fees and Forms page.
What is the Cost?
The cost of the examination is £225 per individual entry.
Click here for details of private exam costs.
It is a condition of acceptance of an examination entry that candidates carefully read the examination regulations and agree to abide by them. Click here to view the examination regulations. Further instructions to candidates pertaining to the conduct of the examination are sent with the admission permit.
Sources of Information/Training
The Pensions Regulator has developed an e-learning programme to meet their Trustee Knowledge and Understanding (TKU) requirements. For more information about the Trustee Toolkit please click here.
We provide a list which contains several items which will be of assistance to those preparing for these examinations. Click here for full details
PMI Members are entitled to a 15% discount on The Guide for Pension Trustees which is one item of core reading on the list.
To qualify for the discount add GPTPMI at the checkout.
Trustee Training List
Click here for full details of external trustee training courses
Arrangements for Special Consideration
Special consideration can be given to an individual who has temporarily experienced illness or injury or some other circumstance outside his or her control (such as problems at the exam centre such as noise or disturbance) that may have impacted on performance or attainment. Please click here for the PMI Policy on Special Consideration.
Complaints and Appeals
The PMI is committed to providing fair and consistent examination, verification, approval and assessment processes.
Details of the PMI's complaints and appeals policy for multi-choice examinations are available here.
Malpractice and Maladministration Policy
PMI has a responsibility to have in place policies and procedures to prevent malpractice and/or maladministration in the development, delivery and award of its qualifications. PMI is applying this policy to ALL of its qualifications whether they are regulated or not.
This policy is aimed at PMI’s customers, including candidates taking our qualifications and centres delivering, awarding and accommodating the assessment of PMI examinations and/or workbased assessments within or outside the UK.