The Pensions Management Institute (PMI) will expand a range of educational products and services under a single umbrella with the launch of the PMI academy.

The organisation said that its current learning and education portfolio of standard qualifications, seminars and CPD content would be expanded to also include apprenticeships, bespoke and short-course training and societal financial education.

The PMI said it had established the academy to promote stronger, more effective pensions and financial literacy and knowledge around the world, in order to strengthen financial stability and improve access to financial services.

PMI director of qualifications and lifelong learning, Keith Hoodless, said: “eLearning is a constantly evolving and adaptive concept. We have decided to launch the academy and educate the sector and produce the pensions professionals of the future.

“Its underlying purpose is to support greater diversity in the sector, enable learners to develop their skills and confidence, and empower them as better productive and professional employees. There is a world of opportunities out there, and we will be helping the sector to unlock these by putting all of our learning and training activity under the one ‘roof’.”

A system of academy partnership will offer partners the exclusive opportunity to offer two training sessions or workshops in their area of expertise and the opportunity to issue co-branded CPD certificates to all learners who complete the training, while they will also produce learning manuals and case studies which will be published in the PMI Knowledge library.

The PMI said its first three academy partners are BlackRock, Penfida, and Spence & Partners.

BlackRock Sustainable Investing EMEA member, Sam Tripuraneni, commented: “This programme will help trustees understand sustainability and its importance in a long-term investment portfolio. Our investment conviction is that sustainability- and climate-integrated portfolios can provide better risk-adjusted returns to investors.

“And with the impact of increased regulation and societal pressure, we believe that sustainable investing is an important foundation for client portfolios going forward.”

Penfida managing partner, Paul Jameson, said: “We are excited to be a PMI Academy Partner. We are looking forward to sharing our expertise and practical knowledge of employer covenant and to interacting with PMI members in this innovative new forum.”

Spence director, Alan Collins, commented: “Spence is really pleased to be one of the founding partners for the PMI Academy. We hope to share our learning on technology-led administration and member engagement with others across the industry to help improve outcomes for pension savers in future. We look forward to working closely with the PMI and other partners in future.”

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