PMI pairs with OPDU to promote good scheme governance
The Pensions Management Institute and the Occupational Pensions Defence Union have joined forces to promote good governance in UK pension schemes.
For all new OPDU members, the organisation will enrol the chair of trustees, free of charge, in the PMI's trustee group for the first year of membership, thus promoting even better governance of that company's pension scheme.
OPDU executive director Martin Kellaway said he welcomes the opportunity to join with the PMI on this initiative.
"It comes at an exciting time for OPDU and represents a key part of our strategy to provide strong customer focus, and ensure our members derive maximum benefit from joining. The PMI is the industry leading provider of professional qualifications and training so a perfect partnership to support our aim of improved governance," he added.
Also commenting on the alliance, PMI chief executive Vince Linnane said the PMI is continually looking for ways to support trustees to provide good governance and working in partnership with OPDU is "key to ensuring we expand our membership and raise the standards of our trustee group".
"We believe the knowledge sharing enabled by the educational material and information we provide, will help to raise the bar for what pension scheme members can expect from their trustees," he added.Source: PensionsAge
Thomas Miller Group
You may also be interested in:
Thomas Miller Specialty has announced a new partnership with Send Technology Solutions Ltd to automate and streamline its operating model
OPDU (the Occupational Pensions Defence Union), the provider of professional indemnity and liabilities insurance to pension trustees, administrators and sponsoring employers, has launched a pensions trustee liability policy specifically aimed at individual independent trustees in the UK.
Digitalisation of the transport and logistics industry is quite well advanced, and the TT Club is committed to meeting the digital needs of the industry now and in the future