PMI
Five stories you may have missed this week
This week’s top stories included The Pensions Regulator launching a prosecution against the director of a professional trustee firm, and the regulator approving five master trusts.
PMI seeks industry participation in newly-launched Master Trust Working Group workstreams
The Pensions Management Institute's (PMI) Master Trust Working Group is inviting pension experts to participate in four workstreams to tackle barriers to good service delivery and positive member outcomes.
Pension administration needs to be taken more seriously
KGC Associates' administration survey revealed the industry thinks administration is not taken seriously. Holly Roach looks at the survey findings.
PMI Student Essay Competition: Minimising a loss of financial security
Barnett Waddingham's Chris Burtenshaw was the winner of the PMI's inaugural student essay competition. In his paper, he sets out his ideas as to how schemes can reduce the broader administration and communication risks they face.
PMI appoints Tim Phillips as vice-president and reshapes advisory council
The Pensions Management Institute (PMI) has elected Tim Phillips as vice-president, taking over the office from Lorraine Harper.
Professional trustee accreditation framework delayed
The launch of the professional trustee accreditation process, set up by the Professional Trustee Standards Working Group (PTSWG), has been delayed until "later this year".
What the future could hold for trusteeship
Professionalisation of trustee boards remains on the agenda as the regulator asks the industry whether they should be mandatory. James Phillips explores the latest consultation.
Lesley Carline: Where is our future?
The industry seems to be full of the same familiar commentators discussing the same old issues. Lesley Carline argues it is time to give a new generation a chance.
Professional trustee accreditation process intended to launch on 1 July
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).
Trustee boards should prioritise industry data issues
Trustee boards are not focusing enough on data issues despite the bad effect poor data can have on members, according to a PMI roundtable in May. Holly Roach reports
Trustees fear scheme members are ill-prepared for risks of accessing pension
Trustees fear their members are not equipped to deal with the risks they face when accessing their pension and worry those nearing retirement will face predatory attention from scammers, research by Wealth at Work reveals.
PMI launches essay competition
The Pensions Management Institute (PMI) has launched its inaugural student essay competition.
Five stories you may have missed this week
This week's top stories included an accountant admitting fraud and making employer-related investments in the latest criminal prosecution pursued by The Pensions Regulator.
PMI to accredit professional trustees as standards launch
Professional trustees will be expected to apply for accreditation in the near future as a regulator-backed working group has published a set of seven standards against which they will need to demonstrate compliance.
Women in Pensions Awards 2019: Last chance to nominate!
Today is your last chance to nominate for the second PP Women in Pensions Awards, which celebrate the achievements of women working in pensions or acting as a trustee. Find out how to nominate here…
Should professional trustees be a scheme requirement?
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Majority of master trusts support collaboration to overcome delivery barriers
Some 87% of master trusts support future collaborative efforts to overcome barriers to good service delivery, the Pensions Management Institute (PMI) says.
Regulatory cooperation needed post-Brexit to combat EU-based scammers, says PMI
The proposed cold-calling ban may be ineffective if a collaborative regulatory approach between the UK and the European Union (EU) is not maintained post-Brexit, the Pensions Management Institute (PMI) has warned.
CMA report 'pragmatic and realistic' while mandatory tendering 'will bring better value'
Proposals for mandatory tendering of fiduciary management services, as well as additional guidance for trustees, have been welcomed by industry commentators albeit with some caution.
Five stories you may have missed this week
This week's top stories included the Insolvency Service disqualifying four pension directors from running companies for a total of 21 years for their role in the businesses' mismanagement of member funds.
PMI gets new president as Branagh steps down
Lesley Carline has been elected as the new president of the Pensions Management Institute (PMI). She speaks to Victoria Ticha about her plans
PMI names Aberdeen Standard Investments as ESG insight partner
The Pensions Management Institute (PMI) has partnered with Aberdeen Standard Investments as its environmental, social and governance (ESG) insight partner.
Obituary: Maurice Oldfield
Maurice Oldfield - a former chairman of both the Pensions and Lifetime Savings Association and the European Federation for Retirement Provision - has died at the age of 87 following a long illness.
EXCLUSIVE: PMI members gain access to 'core insight' from new industry partners
The Pensions Management Institute (PMI) is modernising through its aim to provide members access to 'core insight' by forming industry partnerships with organisations, writes Victoria Ticha
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