Pensions - Articles - PMI launches new pensions qualification

 This Certificate level qualification gives pension consultants and administrators who come into contact with scheme members or pension savers the knowledge to enable them to deal with a variety of different scenarios in a clear, concise and empathetic manner without straying into regulated advice. Completing the programme will mean that individuals are able to explain a full range of pension and retirement savings’ benefits and options covering a wide range of “decision points” eg transfers and pensions in divorce. 

 Commenting on the newly unveiled Certificate in Pension Scheme Member Guidance, PMI President Kevin LeGrand said: “The industry has an ongoing issue that is extremely difficult to reconcile – the ability to fully explain and help members and pension savers on their pension and retirement options, while at the same time not straying into the financial advice trap. It is a travesty that people might not be getting the help they need because pension professionals live in fear of making a mistake. Our new Certificate in Pension Scheme Member Guidance will provide a firm basis of knowledge from which pension consultants and administrators can speak with confidence and do their very best to help people achieve the best retirement prospects possible.”
 
 The unique element of the qualification is that the final assessment will be conducted via a short role-play style telephone conversation. All other support is provided through a comprehensive on-line learning programme. Those who register before 31 May 2016 will form the first cohort, with successful candidates qualified by the end of 2016.