Technical Pensions Administration

PMI Crest
PMI

This course is part of the following PMI Pathways...

The aim of the Pensions Administration (TECHNICAL) stream is to provide the required professional knowledge, skills and understanding for an individual to undertake, after sufficient experience, a position as a pensions specialist. The position would most likely be within a self-administered scheme, a third party administrator, a life assurance company or the consulting and advisory services.

Please read our policy here before making any bookings.

Who is this course for?

Audience

The Pensions Administration steam is for anyone working in Pensions Administration who wishes to work in either DB or DC schemes as a Pensions Consultant, with an aptitude for calculations and the ability to engage clients.

Assessment method

Note

The following units will be assessed via short answer questions only:

The following qualification is calculation based:

  • Certificate in Pensions Calculations

The following qualification is assessed by multiple choice questions:

  • Retirement Provision Certificate

The following qualification is assessed via work-based activity and can only be taken if you are part of a PMI Approved examination Partner:

  • Award in Pensions Essentials

Please refer to the Pensions Administration (TECHINICAL) stream specification under 'useful resources' for further information regarding how the exams will be assessed.

Please note, we can only accept completion of units post 2016 only. Any exams passed pre 2016 would need to be taken again if you want to complete a particular steam. 

Study time

Calendar

You are advised to begin studying in November for the April examinations the following year and in May for the October examinations.

The Pensions Administration (technical) stream comprises of 5 units and 3 qualifications.

7 units/qualifications out of the of the eight units/qualifications must be passed in order to complete the qualification

Cost

Wallet

Exam Entry (per ADRP unit) £560

Exam Entry CPC per unit £220

Exam unit RPC exam £520

Revision Course (webinar) £75

Exam entry Re-Sit Fee :

ADRP per unit £300

CPC £200

RPC £300

Examination Partner fee: £700

Transcript £25

Final Pathway Certificate £85

To sit this qualification you must be an active member of the PMI. Student membership is currently £178 and will be added to your total fee at checkout if you are not already a PMI member. (£75 from 1 April 2024 – 31 August 2024). The student membership cycle runs from the 1 September to 31 August.

For former PMI members enrolling in this qualification an additional re-instatement fee of £35 will also be applied at the check out stage.