UK - Pensions Management Institute president Ian Eggleden has presented the first ever Qualification in Public Sector Pensions Administration (QPSPA) certificates.
The certificates were awarded to six members of ITNET, the pensions team for Hertfordshire County Council.
All six have successfully completed the first QPSPA unit on processing member records. Speaking at the presentation, Ian Eggleden said: “I am extremely pleased to be here today. The whole ITNET team have put in a lot of work to get to this stage.
They have gained approval as a QPSPA assessment centre and trained up an assessment team. On top of that, six of their pensions administrators have successfully completed the first QPSPA unit in just a few months. They all deserve to be congratulated.”
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.