Succeeding Chris Hitchen, Adrian Boulding has been announced as the new Chairman of the Pension Quality Mark (PQM) following the PQM Board meeting on Thursday 13 March 2014. Adrian, who is Legal & General’s Pensions Strategy Director, will be responsible for the strategic development of the PQM standards. Justine Tate was formally appointed as Managing Director of PQM, having joined the organisation in January 2014.
Commenting on his appointment as Chairman of PQM, Adrian, said:
“I am a passionate believer in good quality workplace pensions, and am delighted to be taking on the role of Chairman. Over the next few years, auto-enrolment will bring millions of people into workplace pensions and PQM is a great way for an employer to show the quality of the pension scheme it provides. I would like to thank Chris for his leadership and success in establishing PQM as a mark of quality for DC workplace pensions.”
Commenting on her appointment, Justine Tate, Managing Director, PQM, said:
“PQM is a fantastic standard. It offers defined contribution schemes a great opportunity to showcase the benefits and value of their pension scheme and gives employees confidence that they are joining a quality scheme. I am looking forward to promoting PQM’s benefits, growing the number of schemes who hold the mark and contributing to raising the standards of defined contribution schemes in the UK.”
PQM is an independent standard that marks out high quality DC pension schemes. PQM is designed to raise confidence in workplace pensions, help employers demonstrate the value of their scheme to current and future employees, and help employees understand that their scheme is of a good quality.
|
