From the 16 October 2025, individual customers buying PMI products for themselves will be able to pay by credit card only. This change does not affect company administrators making multiple purchases on behalf of their staff.
Resources hub
From thought leadership to technical pieces, knowledge hub keeps our members and pensions professionals up to date with the recent developments in the industry.
Three top tips for managing trustees’ data responsibilities
Pension schemes are veritable treasure troves of personal data, holding contact details, bank account specifics, and even scanned copies of passports and utility bills. And managing that data, from a trustee perspective, has never been more complicated and fraught with risk.
Risks related to cyber security are ever evolving, and The Pensions Regulator (TPR) recommends a dynamic response as fraudsters are constantly looking for new ways to get their hands on data. Trustees shouldn’t be complacent in relation to the data they hold, and should ensure they keep up-to-date in relation to cyber risks, incidents and controls.
We put a man on the moon back in the 1960s, so why can’t we get basic pension information online? One reason is our old friend poor data quality. It’s the Cinderella of the trustee agenda. Those are words I never thought I’d put together in the same sentence. I’ll blame it on lockdown.
Pay the right people the right pensions at the right time…
All a successful trustee needs to do is meet three little tests…pay the right people the right pensions at the right time. If these tests are met, then the job is done well.
What will stand out when we look back on the Pensions Act 2021?
Pension Dashboards and climate transition will be the enduring hallmarks of the Pensions Act 2021. But it’s Clause 107, now known as Section 107, and the Pensions Regulator’s (TPR’s) new Defined Benefit (DB) funding code that will generate headlines in the UK’s post-Brexit, post-pandemic economy. It remains to be seen if these will garner or dent saver confidence in pensions.
Liz Hickey outlines how highlighting the Pensions Regulator’s (TPR’s) activities through regular communications has been crucial in becoming a clear, quick, tough regulator. As well as deterring law-breaking, publishing lessons learned helps employers, trustees and administrators be clear about their responsibilities and avoid pitfalls.
Pay the right people the right pensions at the right time…
All a successful trustee needs to do is meet three little tests…pay the right people the right pensions at the right time. If these tests are met, then the job is done well.
What will stand out when we look back on the Pensions Act 2021?
Pension Dashboards and climate transition will be the enduring hallmarks of the Pensions Act 2021. But it’s Clause 107, now known as Section 107, and the Pensions Regulator’s (TPR’s) new Defined Benefit (DB) funding code that will generate headlines in the UK’s post-Brexit, post-pandemic economy. It remains to be seen if these will garner or dent saver confidence in pensions.
Liz Hickey outlines how highlighting the Pensions Regulator’s (TPR’s) activities through regular communications has been crucial in becoming a clear, quick, tough regulator. As well as deterring law-breaking, publishing lessons learned helps employers, trustees and administrators be clear about their responsibilities and avoid pitfalls.
Three top tips for managing trustees’ data responsibilities
Pension schemes are veritable treasure troves of personal data, holding contact details, bank account specifics, and even scanned copies of passports and utility bills. And managing that data, from a trustee perspective, has never been more complicated and fraught with risk.
Risks related to cyber security are ever evolving, and The Pensions Regulator (TPR) recommends a dynamic response as fraudsters are constantly looking for new ways to get their hands on data. Trustees shouldn’t be complacent in relation to the data they hold, and should ensure they keep up-to-date in relation to cyber risks, incidents and controls.
We put a man on the moon back in the 1960s, so why can’t we get basic pension information online? One reason is our old friend poor data quality. It’s the Cinderella of the trustee agenda. Those are words I never thought I’d put together in the same sentence. I’ll blame it on lockdown.
