Covid-19 has changed the way people and businesses work in the pension sector. Will this lead to constant changes in the practice of work, the implementation and communication of the company, or will old habits and methods return? What can we learn from current practices and what does the speed of change tell us since the restrictions were introduced? Two-thirds of pension professionals said the same flexibility available to defined contribution (DC) plans should be extended to members of the benefits system (DB), Hewitt said. 73% of employers believe that training staff through pensions is an essential part of helping workers, as recent studies by the National Skills Academy for Financial Services (NSAFS) show. The National Association of Pension Funds (NAPF) Pension Quality Label (PQM) invites industry to think about what pension systems should respect when defining their default fund`s investment strategy. The Pension Protection Fund (PPF) has launched a consultation on the introduction of a new PPF-specific insolvency risk model to determine payments for the next three years. The PMI offers qualifications at the level of diplomas, diplomas and advanced diplomas. PMI, in collaboration with employers and other professional organizations, has worked to create a new learning standard for occupational pension advisors or administrators.  The PMI is also working alongside Imperial College London to create an MSc in the sustainable reprocessing and investment system.  Make sure that your legal auditor formally submits comments and reviews the usefulness and practice of comments made in the administrative letter regarding concerns.
Fiduciary management is at the heart of an ongoing debate in boards and investment firms across Europe. Is it time to rethink the whole concept? Pension Funds Insider recently (10 March 2011) asked two KPMG authors for a report on the service, why its popularity seems to appear in the Netherlands modern communication technology is clearly making its mark in the pension sector. Pension funds ask insiders if the Web could be about to facilitate radical change by bringing together the most cowardly group in the sector – the members of the system? Find out if your advisor has other pension clients with similar size and type systems.