As we approach the end of 2024, we want to remind all our senior members that to keep your membership active, you will need to complete 25 hours of CPD for 2024 and log it in the CPD recording toolkit on the Membership portal by 31 January 2025.
If you haven’t quite hit the 25-hour mark this year, don’t worry! You can make up the remaining hours in 2025. If you have done CPD through another professional institute and it’s less than 25 hours, you will just need to top it up next year.
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.