Pensions - Articles - PMI marks 40th anniversary with vision of future


The Pensions Management Institute (PMI) this year celebrates its 40th anniversary, with 2016 one of its busiest years yet. Gareth Tancred, the PMI’s new Chief Executive, marks the first six months of his new role by outlining the next stage of the journey ahead for the PMI:

 Gareth Tancred, Chief Executive, PMI said: “Our industry is constantly evolving and there are crucial things any industry body representing the pensions industry must do to continue to remain relevant to its members and potential members. It is only by constant review and market testing amongst our members’ organisations that we can really know we are meeting the needs of the modern pension and retirement saving professional.

 “Now in my sixth month at the PMI, the task is ahead is clear. To be the 21st century body that I want us to be, we have several areas of focus in the months and years ahead. Really crucial is that we must provide an authoritative voice to the retirement savings industry articulating the views and opinions of our members.

 “We also know our members rely on us to provide solid educational support, and we will strive to lead them by providing learning and education opportunities, some of which will lead to formal qualifications and others which are a means in themselves.

 “Most of all we want to position the PMI as a force of good that will help industry to develop in the rapidly changing corporate world and responding to the challenges raised by successive Governments through their legislative programmes.

 “We look forward to detailing over the coming months how we plan to achieve our aims.”

 The Pensions Management Institute (PMI) was established in 1976 by a group of industry professionals, with a wide range of backgrounds, when it was clear there was a need to educate and provide career development through professional qualifications. Some 40 years later the PMI has remained relevant to those professionals it looks to serve through a process of continual developments to meet the needs of the market.

 2016 not only sees a significant birthday for the Institute but also some more fundamental changes, with new Chief Executive, Gareth Tancred, taking the helm; changes to the flagship qualification—the Advanced Diploma in Retirement Provision and the introduction of a new qualification, the Certificate in Pension Scheme Member Guidance, which will be supported by interactive online learning and examined by verbal interview rather than written test.
  

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