A strong pensions sector depends on a strong skills pipeline. As the industry evolves, National Apprenticeship Week is a timely reminder of the vital role apprenticeships play in building the professional capability our sector relies on. 

The #NAW2026 theme, “Skills for Life,” highlights how apprenticeships help people build long‑term careers while supporting economic growth. For the pensions sector, where the landscape is becoming more complex, this theme could not be more relevant. 

Defined Contribution (DC) saving now dominates the market, master trusts operate at unprecedented scale, and regulatory expectations continue to evolve. Millions of savers rely on the decisions and expertise of those who administer their schemes. 

Against this backdrop, the industry needs a strong, sustainable pipeline of capable professionals who can deliver high‑quality service and support good outcomes. 

Apprenticeships are an important part of that pipeline. 

Building capability where it matters most 

Pensions administration and technical roles demand a blend of regulatory understanding, numerical skill, attention to detail, and strong member communication. These competencies require structured development and real‑world experience - precisely what apprenticeships provide. 

While PMI is not an apprenticeship training provider, we recognise the value apprenticeships bring to individuals and employers, and it’s why we are proud to be an end-point assessor.  

Apprenticeships allow people to earn while learning, gaining paid experience alongside formal qualifications. They support career acceleration, with 90% of apprentices staying in employment or further education post-completion. And they promote inclusivity, opening doors to people of all ages and backgrounds. 

For employers, apprenticeships offer access to motivated talent and help build the skills organisations need to thrive in a fast‑changing environment. 

PMI’s role as an End-Point Assessment Organisation 

As an approved End-Point Assessment Organisation (EPAO) for the government’s pensions apprenticeships, PMI plays a crucial role in ensuring apprentices meet the high professional standards expected across the sector. 

End‑point assessment is an independent evaluation conducted at the end of an apprenticeship. After a gateway review by the employer and training provider, apprentices complete assessments tailored to their standard, such as portfolios, interviews, observations, or tests. PMI’s assessors verify that each apprentice has demonstrated the required knowledge, skills, and behaviours. 

This independence is essential. It ensures quality, reinforces trust, and provides apprentices with a respected certification that supports long‑term career progression. For employers, it offers confidence that their apprentices are genuinely ready to take on responsibility. 

At PMI, we take pride in delivering fair, rigorous, and supportive assessments that help apprentices succeed and help organisations build capability. We also welcome interest from new assessors and training providers who wish to work with us. 

A moment to celebrate 

National Apprenticeship Week is an opportunity to celebrate the apprentices building their careers in pensions, the employers who invest in them, and the training providers who support their development. It also highlights the importance of developing “skills for life”- a principle that sits at the heart of PMI’s mission to raise standards and strengthen the profession. 

As the pensions sector continues to evolve, apprenticeships will remain central to building the capability, confidence, and professionalism that savers deserve. National Apprenticeship Week reminds us of the impact this investment has-not just on individuals, but on the long‑term health of the pensions system itself. 

To learn more about National Apprenticeship Week, visit: https://naw.appawards.co.uk/