The Pensions Management Institute (PMI) has announced Equiniti Retirement Solutions as the latest organisation to join its Development Partnership programme.  

The move reinforces a shared commitment by the PMI and Equiniti Retirement Solutions to professionalise pensions at scale across administration and technology in the UK and internationally. 

The Development Partnership initiative helps organisations build and sustain capability, consistency and professionalism across their pensions workforce. This is seen as vital in the light of growing expectations from government and The Pensions Regulator for higher standards designed to protect millions of UK savers.  

Through its new partnership with the PMI, Equiniti Retirement Solutions will provide its 1,300 colleagues, including its expanding teams in India, with direct access to the PMI’s education, training and student membership, creating a single global standard of knowledge and practice.   

Varsha Gicas, Chief Customer Officer at the PMI, said: 

“We are delighted to welcome Equiniti Retirement Solutions as our latest Development Partner and to support its ambition to provide consistent access to PMI education and training for colleagues across the UK and internationally. 

“Professional standards are fundamental to delivering good outcomes for savers, particularly in a complex and fast-evolving pensions landscape. Our Development Partnership programme is uniquely placed to ensure high-quality learning and professional recognition is accessible in a practical, meaningful way. I look forward to working closely with Equiniti Retirement Solutions and all our current and future Development Partners.” 

The partnership will give Equiniti Retirement Solutions employees access to PMI learning pathways, insights and professional networks, supporting career development while embedding a common standard of knowledge and practice across teams. 

Duncan Watson, CEO of Equiniti Retirement Solutions, said: 

“Over the last year we’ve been re-professionalising learning for our colleagues, with a clear focus on pensions, so colleagues feel supported, educated and proud of the profession they’re part of. This partnership opens the door to the PMI’s respected and recognised pathways for every single one of our administrators and technology experts. It will allow our people to see a career, not just a job, and will give clients confidence that we’re investing in the right skills to deliver consistently excellent service.  

“Equiniti Retirement Solutions is both an administration and a platform business. Too often platform teams don’t have enough pensions context. The PMI partnership brings that context to our engineers and developers, alongside administrators - from qualifications to seminars, mentoring and career guidance. In a high-volume, fast-paced environment, making development readily available is crucial for motivation, retention and progression.” 

Ends 

Notes to editors   

The PMI’s Development Partnership programme provides several benefits:    

For Employers:  

• Predictable annual investment  

• Greater proportion of eligible staff actively engaged  

• Discounts across qualifications and training  

• Streamlined administration and reporting  

• Recognition as a learning-focused employer 

For Learners:  

• Early career membership through employer sponsorship  

• Clear upgrade pathways from Student to Professional levels  

• Ongoing access to qualifications, CPD, and networking  

• No financial barriers to participation  

Learn more about the Development Partnership programme.  

• The Pensions Management Institute (PMI) is the UK’s leading professional body for those working in pensions and retirement savings. With over 8,500 members, the PMI represents the broadest range of pensions professionals and trustees in the country. Its members are responsible for managing and advising some of the world’s largest pension schemes, making key decisions on substantial financial matters.    

• With more than £1 trillion invested in UK pensions, PMI members play a vital role in shaping the nation’s financial future. With five decades of experience, PMI remains at the forefront of pensions education and thought leadership.   

About EQ Retirement Solutions 

• EQ Retirement Solutions provides member and policyholder administration and technology services. One in three UK pensioners are paid through its platforms as well as £15bn paid to pensioners and annuitants across 128 countries each year. 

• Find out more on https://www.equiniti.com  

Press contact:  

For media enquiries, please contact Matt Adams, Head of Media and PR at pressoffice@pensions-pmi.org.uk