Pensions Management Institute

The industry is not satisfied with efforts to improve contract-based governance

Terry Faulkner has been elected chairman to the OPDU advisory council. He replaces Peter Murray who announced his retirement.

The Pensions Management Institute (PMI) is planning a qualification for individuals tasked with guiding defined contribution (DC) scheme members with non-regulated advice.

Towers Watson has appointed Jane Murray as managing director of its Technology and Administration Solutions (TAS) UK business.

Industry figures have called for a debate on whether professional trustees should have a standardised qualification over concerns the occupation needs a barrier to entry.

The majority of managers and advisors agree that regular reviews of defined contribution (DC) schemes and their providers are required for better governance, according to the Pensions Management Institute (PMI).

The "lunacy" of the Euro and its "inevitable" end may improve the funding position of UK schemes, economist Roger Nightingale says.

The Pensions Management Institute is set to launch a professional institute for independent trustees in the wake of the GP Noble scandal.

The Pensions Management Institute will be switching tack over the course of 2012 in response to the changing nature of the pensions industry.

Andrew Short explains what trustees will have to concentrate on to manage auto-enrolment.