General Insurance Article - PMI announces First Actuarial as Study Support Partner

 The qualification has been revised for 2016 to ensure professionals are provided with the required knowledge and skills to undertake a diverse range of roles in the industry. First Actuarial will act as the Study Support Partner for the qualification’s Core ‘Unit 3: Running a Workplace Pension Scheme’ and will work with the PMI to produce study materials to prepare candidates for the examinations.

 Vince Linnane, Chief Executive of the PMI, said: “Working with First Actuarial as a Study Support Partner will give our candidates another critical viewpoint on the importance of scheme design and the ongoing requirements of automatic enrolment and its processes. They will also provide our candidates with an understanding of current issues surrounding pensions – such as tax regimes. Most importantly though, as a Study Support Partner First Actuarial will help candidates get to grips with the crucial role of making sure a pension scheme is well managed and run correctly.”

 Hilary Salt at First Actuarial, said: “Our company philosophy is to enable our clients to challenge professional advice so that they can make robust, well-informed decisions. As a PMI Study Support Partner we’re excited to be supporting the pension professionals of the future to develop their own critical thinking around running a workplace pension scheme. Our aim is to help them feel confident about providing the best possible scheme and, in turn, improve members’ retirement plans.”