PMI’s Insight Partnerships are developed with organisations considered to be leading experts in specialist areas to offer insight into the continued market development of those areas and to drive innovation. This partnership will involve Scottish Widows hosting webinars, interviews, and panel discussions for PMI members on key master trust topics within the industry.
As the PMI’s Master Trust Insight Partner, Scottish Widows will also produce thought leadership and expert content in the area of Master Trusts, supporting innovation on current, pertinent issues and adding value through the delivery of specialist knowledge. Included in this platform will be a PMI Bitesize TV video to be launched later this year, which will provide an educational style of video content for those interested in Master Trusts.
Master trusts are an increasingly valuable and pertinent arm of the industry, and an efficient way to outsource scheme management while retaining strong trust-based governance. As more employers begin to view master trusts as a potential solution, the renewed partnership between the PMI and Scottish Widows aims to continue providing the latest insights on Master Trusts to PMI members.
Gareth Tancred, CEO of the Pensions Management Institute, comments: “Master trusts are becoming more commonplace in the pensions industry, as it continues to modernise. The partnership with Scottish Widows has been extremely valuable to our members, and I am sure they will value the continued access to unparalleled understanding from leading experts in master trusts. Scottish Widows is an ideal Insight Partner on this topic and we look forward to continuing our industry-leading work with them.”
Sharon Bellingham, Master Trust Lead and scheme strategist at Scottish Widows, explains: “We’re delighted to be PMI’s Master Trust Insight Partner and are very much looking forward to continuing to work together, supporting initiatives, events, thought leadership and content for PMI members. Master Trusts are at the vanguard of a fast-paced and changing landscape all within a supervisory regime that demands the highest standards to ensure the best possible outcome for members. Being part of Lloyds Banking Group also means we are in the unique position of being able to draw on meaningful consumer insights from the biggest data set in the UK, after the NHS. Alongside our annual member survey results, this helps us understand and support members at a time when financial uncertainty is a concern for many.”
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