Nine professional trustees achieve PMI accreditation
Nine trustees have now been given the stamp of approval by the Pensions Management Institute (PMI) under its professional trustee accreditation regime.
Five months after its launch, trustees from CBC Pension Services, Ross Trustees and KGC Associates are among those to receive the kitemark.
In April CBC Pension Services director Michael Clark became the first to be accredited by the PMI, while Peter Flanagan of PF Trustees was accredited in late May.
Another seven trustees have been accredited this month:
- Philip Howden, founder at Pensions Rapport
- Susan Andrews, chief risk officer at Ross Trustees
- Kim Gubler, director at KGC Associates
- Barry Parr, former co-chairman of the Association of Member-Nominated Trustees
- Nigel Waterson, former trustee chairman at Now Pensions
- Mark Condron, trustee director at The People's Pension and Heineken's Scottish & Newcastle Pension Plan
- Mark Stocker, managing director at Pensions Actuary Services
PMI president Lesley Carline said: "It is particularly pleasing to see professional trustees from a range of backgrounds and firms engage with the accreditation process but it is worth noting that accreditation is only the base level. The PMI is committed to increasing trustee standards across the board, for both professional and lay trustees, and are building on the existing suite of courses to create an even more extensive programme of education and training right up to diploma level specifically tailored for trustees from any of a wide range of backgrounds.
"While some trustees may believe that they are above accreditation and exams, governance continues to be a focus for The Pensions Regulator and it is important that the wide range of skills needed to be a good trustee, both technical and softer skills, are developed and evidenced for the benefit of all scheme members."
The PMI's professional trustee accreditation regime runs separate to a similar regime from the Association of Professional Pension Trustees (APPT), which is also offering provisional accreditation to those unable to complete exams or DBS checks amid the Covid-19 crisis.
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