The PMI 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.
Anne-Marie Gillon became an accredited lay trustee following the new qualification launched in June 2021. While it’s not a career must-have, the former Client Service Director at Baillie Gifford says that it has benefited her.
Attending a trustee selection panel recently, the Chair commented that I’ve had a very well planned career. I was surprised. It didn’t feel planned. In fact, mostly, it seemed a random walk. I set out to be Rumpole of the Bailey and ended up as the CEO of a £45bn asset pool. Now I’m an accredited professional pension trustee and an EPMI member. How did that happen?
Under The Pensions Regulator’s (TPR) new Code of Practice, UK occupational pension schemes with 100 or more members will be legally required to produce an own risk assessment or ORA. The new Code - currently in draft, and expected in 2022 - will provide details about how this duty is to be discharged.
Preparing your transfer procedures in light of the proposed scams regulations
The Occupational and Personal Pension Schemes (Conditions for Transfers) Regulations 2021 (the Regulations) are expected to come into force in ‘early autumn’. Aiming to better protect members from scams by introducing new conditions restricting statutory rights to transfer, the changes mean that schemes need to revisit their existing processes.
Employers: don’t neglect your automatic enrolment duties
Here, The Pension Regulator’s (TPR’s) Director of Automatic Enrolment, Mel Charles, takes a look at the challenges ahead as we emerge from the pandemic, and reminds employers not to neglect their workplace pensions duties as they adjust to the new normal.