UK - Officers of the Pensions Management Institute (PMI) and the International Employee Benefits Association (IEBA) presented certificates and prizes to successful Diploma candidates following the IEBA agm on April 23.
Commenting on the take up of the diploma, Simon Dudley, chairman of IEBA, said: “It is encouraging to see that the diploma has become well established, with growing interest both in the UK and overseas. There is increasing demand from multinational companies for employees and advisers with an understanding of global benefit provision. Holders of the diploma can demonstrate that they have a sound working knowledge of the issues.”
Speaking on the restructured diploma, introduced in 2002, Bob Bridges, vice president of PMI said: “There are now two ways to approach the diploma. The incorporation of part one of the diploma into the PMI associateship examinations, means that even more UK pensions professionals are being encouraged to broaden their knowledge and to go on to gain the diploma. The diploma, of course, also continues as a free-standing qualification available and relevant to employee benefits professionals in the UK and worldwide.”
By Luke Clancy
This week's edition of Professional Pensions is out now.
The government is in talks with the UK and Irish pensions regulators over how to protect members of cross-border schemes in the event of a no-deal Brexit.
The equalisation of guaranteed minimum pensions (GMPs) is at least two years away from being completed, and could take longer than four years for some schemes, a poll has found.
The Pensions Regulator will consider if schemes should be required to have professional trustees and assess the case for greater regulation of administrators and system providers, PP can reveal.