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.

    Share Story:

Recent Stories

Sovereign bonds and climate change considerations
In Pensions Age's latest podcast, Laura Blows is joined by Hilary Norris, Product Manager, Sustainable Investment, EMEA, FTSE Russell, to discuss sovereign bonds and climate change considerations

Climate Investing
Laura Blows speaks to Aled Jones, Head of Sustainable Investing for Europe at FTSE Russell, and Adam Matthews, Director of Ethics and Engagement for the Church of England Pensions Board, about the role of climate investing within a pension fund portfolio.

Managing volatility
In the latest Pensions Age podcast, Laura Blows speaks to Cambridge Associates head of European pension practice, Alex Koriath, about the Covid-related market volatility and how pension funds can prepare for the challenges ahead

Risk transfer opportunities
Laura Blows speaks to Lisa Purdy, Head of Fiduciary Distribution at Legal & General Investment Management and Gavin Smith, Pricing and Execution Director - UK PRT at Legal & General, about the impact of the recent market volatility on the bulk annuity and risk transfer market and the potential opportunities for the future

De-risking options for pension schemes
In this latest Pensions Age podcast, Linklaters' Sarah Parkin talks to Laura Blows about the wide range of choice available to pensions schemes for the partial, or full, removal of their risks