11 November 2024 — The PMI is delighted to announce it has appointed Mortality Manifest (MM) as an Insight Partner to help schemes improve their pension data capabilities.
MM is an industry leader in the de-risking market, providing high-value data to inform pension funds’ commercial decision-making. An original adopter of the UK Government’s DDRI license, MM has been a pioneer in providing mortality screening to pension funds since 2006. MM also provide data identification and analysis products for spouse, beneficiary and residence information, which is critical to the business operations of its clients. MM also offer services to help pension funds resolve issues arising from losing contact with members.
The experienced team can help provide a holistic range of data management and quality assurance services, for example during the Pension Dashboard roll-out. It is this expertise that MM will offer to PMI members, bringing insights on data accuracy guidance, mortality rate implications, longevity modelling, and pension de-risking, amongst others.
This partnership will involve MM hosting webinars, interviews, and panel discussions for PMI members on key issues of de-risking, data management and losing member contact. The PMI’s partnerships aim to support innovation on pertinent issues currently affecting the industry, adding value through the delivery of specialist knowledge. The partnership is set to launch in November 2024 and will be available to pension scheme members across the UK.
Gareth Tancred, CEO of the Pensions Management Institute, comments: “We believe that de-risking, tracing and data management are pertinent issues within the pensions industry that perhaps do not receive enough attention. This partnership with Mortality Manifest will help pension schemes to better engage with these mission-critical factors, through their industry-leading expertise. We look forward to working alongside the company to champion professional development in the pensions industry.”
Sam Drye, Managing Director of MM, comments: “We are delighted to be partnering with the Pensions Management Institute. MM is excited to support PMI members through its range of core products and expertise which will enable schemes to improve the quality of member data. Our partnership comes at a good time, particularly with the requirement for consistent and high-quality data within all schemes as the Pension Dashboard go-live fast approaches.”
Notes to Editors
Media contacts:
Smithfield
Henry Conner henry.conner@edelmansmithfield.com +44 (0)7709 577 073
Ged Brumby ged.brumby@edelmansmithfield.com +44 (0)20 3047 2527
About the PMI
The PMI is the professional body which supports and develops the experts who run UK pension schemes by delivering exceptional thought leadership, comprehensive education, advanced training, and recognised qualifications in pension management. It has the broadest skills base of pensions professionals and trustees in the UK, with more than 7,600 members dedicated to establishing, maintaining, and advancing the highest levels of pensions knowledge.
PMI members are responsible for managing and advising some of the largest institutions in the world and taking key decisions on substantial financial matters. With well over £1 trillion invested in UK pensions, PMI members have a vital role to play in shaping the nation’s financial future. With 48 years of successful operation behind it, the PMI is an organisation at the cutting edge of pensions, committed to fostering industry collaboration and driving innovation to enhance retirement outcomes.
For full details of PMI’s qualifications, membership grades, and ongoing support services visit www.pensions-pmi.org.uk.
About Mortality Manifest
MM was established in 2006 as one of the original adopters of the UK Government’s DDRI licence, providing mortality screening to pension funds. It has grown and developed as a data services organisation using products like Spouse, Beneficiary & Residence along with other innovative solutions which are business critical to our clients. MM supports clients with member administration, data preparation for buy-ins/outs, automated member tracing and importantly data preparation for Pension Dashboards roll out. MM has developed a world class professional services team which supports clients in resolving issues around loss of contact with members and problems caused by poor data quality.
Last update: 11 November 2024