ThePMI Mentoring and Development Programme, sponsored by The People’s Pension, is delivered in conjunction with the Institute of Leadership & Management. Hear from our mentees and mentors from our 2021 programme.
It was August 1999. Everyone was talking about the upcoming last total solar eclipse of the millennium and Y2K. But I was more excited about starting my first job in pensions!
Trustee Knowledge and Understanding (TKU) is not a new concept: introduced in 2006, it is a vital aspect of the modern trustee role, ever developing in scope. With further changes fast approaching, trustees need to be mindful of those which will impact them and when they come into force.
Everyone reading this will be familiar with the role of a pension scheme secretary. It has become a recognised and respected career in its own right. But this is by no means all pension scheme governance specialists do: the range is wide and incudes, for example, trustee executive services and secondments.
The pandemic has changed the way we do many things, and events are no exception. For almost two years, all of our events have been virtual, but as the world slowly starts to resume some normality, the natural next step is to start bringing back in-person events.
As pension schemes de-risk, many are finding longevity risk is now their most significant risk. Many are now looking to mitigate this risk using longevity swaps. For schemes considering this route, there are key decisions to be made. Understanding these decisions could smooth the path for an effective longevity hedge, ultimately increasing the certainty of achieving a scheme’s target endgame.
