You’ve updated your statement of investment principles; you’re preparing to write an implementation statement… surely it’s time for a lull in regulatory changes for Defined Contribution (DC) investments? Actually, no – there’s a range of developments on the horizon that DC trustees need to consider and plan for. Here’s an overview of key points to watch.
I started working in pensions back in 2014 at only 19 years old and with a background of A Levels in Maths, Psychology and Spanish, and then a year working in retail. I was part of Aon’s first intake of pension consulting apprentices and so it was a new experience for those working with me, as well as for me having never had an office-based job before. I had no previous knowledge in pensions and started with the more straightforward tasks such as updating trustee training logs and pulling together meeting packs. Fortunately for me, my colleagues were encouraging and as my knowledge and capability improved, I was delegated more complex work.
PMI Mentoring and Development Programme: mentor update
I have worked in the Pensions Industry since 1997. I worked in pensions administration for ten years (albeit three years of that was part-time while I did my degree), and I have supported Trustee Boards for the past thirteen years. I am currently Pensions Manager of a midsize open Defined Benefit (DB) scheme. I have been fortunate enough to work alongside some fantastic people during that time. When I read the PMI was running a new mentoring programme I applied as a mentor in the hope I could pass on some of the things I have learnt in the past two decades.
PMI Mentoring and Development Programme: mentee update
Starting the Pension Management Institution’s mentoring scheme during a pandemic has been an interesting experience. When I first found out I had the opportunity to become a mentee, I was really pleased and raring to go. But then coronavirus hit, and in the rush to adapt to this new way of working, things didn’t begin as soon as I would’ve liked.
Responsible investing in DC: moving towards the new normal
It cannot have escaped anyone’s attention that, in the last few years, how to consider Environmental, Social and Governance (ESG) factors and invest responsibly has become one of the talked about challenges facing Defined Contribution (DC) pension schemes.
