PMI's response to The Pensions Regulator 'Defined benefit funding code of practice'
Following detailed consultation with relevant stakeholders, in its white paper'ProtectingDefined Benefit Pension Schemes', the government concluded that'the system is currently working well for the majority of Defined Benefit schemes, trustees and sponsoring employers'.Further, the government set out its intentions in relation to its approach for the future of the system:'…we are clarifying the rules and expectations…but not otherwise making fundamental changes to the existing system.'
The PMI's response to DWP's 'Review of the Default Fund Charge Cap and Standardised Cost Disclosure'
The PMI welcomes this consultation and Government efforts to tackle climate change. The climate challenges facing our planet pose an existential threat and it is only right that institutional investors, including pension funds, are at the forefront of building a more climate-friendly and sustainable future.
Response from the Pensions Management Institute to DWPs consultation ‘Simpler benefit statements
PMI is the professional body which supports and develops those who work in the pensions industry. PMI offers a range of qualifications designed to meet the requirements of those who manage workplace pension schemes or who provide professional services to them. Our members (currently some 6,000) include pensions managers, lawyers, actuaries, consultants, administrators and others. Their experience is therefore wide ranging and has contributed to the thinking expressed in this response.
Draft guides to deliver the CMA’s recommendation Response from the PMI
Response from the Pensions Management Institute to TPR’s Consultation ‘Draft guides to deliver the CMA’s recommendation to produce guidance to trustees of occupational pension schemes on engaging with investment consultants and fiduciary managers’
