Complete your 25 CPD hours before the end of the year
As we approach the end of 2024, we want to remind all our senior members that you need to record a minimum of 25 hours of CPD per calendar year, unless you are retired or have a non-working status (working less than 10 hours a week).
If you haven’t completed your 25 CPD hours yet, there are still plenty of opportunities available.
Essential steps to start your career in the pensions industry
Starting a career in the pensions industry is a smart choice, offering long-term stability, career growth, and the chance to influence financial security for many. To succeed in this evolving field, it's important to gain the right skills and knowledge. This guide outlines seven key steps to help you begin your career in pensions, with a focus on how the PMI can support your journey. Whether you're new to the sector or looking to enhance your expertise, these steps will set you on the right path.
The Innovation group of the PMI has been tasked with identifying hard to fix issues, and then seeking to influence policy to support improvements in these areas. The first priority task being considered is Financial Education.
Key Takeaways from "The future of policy in the DB de-risking landscape"
The session The future of policy in the DB de-risking landscape took place at the PMI's Annual Conference 2024, and reviewed the current and future state of DB pensions, highlighting improved funding levels and increased BPA transactions as schemes aim to de-risk. Speakers discussed the regulatory landscape, including Solvency II reforms and PRA reviews affecting DB BPA pricing and funded reinsurance.
The PMI welcomes Emma Reynolds as the new Minister for Pensions. A recent poll highlights key reforms PMI members prioritise: lowering the auto-enrolment age to 18, increasing contribution rates, enhancing financial education, simplifying the tax regime, and establishing a standing Pensions Commission. Tim Middleton, PMI’s Director of Policy, looks forward to collaborating with the new minister on these crucial reforms.