PMI
Industry mostly dissatisfied with current direction of pensions policy
More than half (55%) of the pensions industry is dissatisfied with the direction of pensions policy going into 2020, according to research from the Pensions Management Institute (PMI).
PMI launches mentoring and development programme
The Pensions Management Institute (PMI) has launched a mentoring and development programme, which it will deliver in conjunction with the Institute of Leadership and Management (ILM).
Data quality and trustee training not priorities for industry
Industry experts do not agree member engagement and data quality are priorities, according to research by networking site Mallowstreet.
Longevity hedging most popular tool in endgame planning
Schemes are increasingly looking at longevity hedging as part of their de-risking process, according to a survey by Insight Investment.
Further delay to professional trustee accreditation framework
The professional trustee accreditation process, set up by the Professional Trustee Standards Working Group (PTSWG), has been delayed again and is now expected to launch “in the new year”.
PMI Student Essay Competition: What the dashboard can learn from open banking, Midata and Fitbit
LCP’s Ella Purkiss was the winner of the PMI's second student essay competition. In her paper, she sets out her ideas as to what the industry can learn from other sectors when designing and delivering the pensions dashboard.
Where now for the DB superfunds?
Interest around DB consolidators is high but there remains regulatory uncertainty around their future. Lesley Carline looks at what the future might hold for this section of the market.
Are we heading for a capacity crisis in admin - or are we already there?
With schemes facing more administration tasks than ever, it is important the industry attracts new talent to help with potential capacity problems, says Kim Gubler.
The hopes and concerns for the future of trusteeship
TPR’s consultation on the future of trusteeship closed last week, but there are mixed views on its proposals. Kim Kaveh looks at the industry’s responses.
Should all schemes have a professional trustee?
The PMI has gauged views on whether all schemes should have a mandatory professional trustee. Kim Kaveh looks at the results of its member survey
Industry generally positive over TPR guidance on investment governance
As The Pensions Regulator’s consultation on investment governance guidance closes, Holly Roach looks at the industry’s response.
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.
