26th February 2016

PMI and OPDU Collaborate to Promote Good Governance in Pension Schemes

The Pensions Management Institute (PMI) and The Occupational Pensions Defence Union (OPDU) today announced an alliance to promote good governance in UK pension schemes.

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PMI and OPDU Collaborate to Promote Good Governance in 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.

Martin Kellaway, Executive Director at OPDU said:

“We welcome 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.”

Vince Linnane, PMI Chief Executive, commented:

“We are 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.”

The PMI Trustee Group has a strong track record going back to 1994 of supporting pension scheme trustees. More than 3,000 trustees have passed the PMI Award in Pension Trusteeship qualification since it was introduced. Many more have also attended dedicated PMI Trustee Seminars.

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