Shaping the Pensions Professionals of Tomorrow

 

9th July 2010, London:  JLT Benefit Solutions, one of the four largest employee benefits consultants in the UK, is pleased to announce that it has agreed a new study support partnership with The Pensions Management Institute (PMI), for three years. JLT Benefit Solutions will act as a Study Support Partner for Module 304 Communication of the PMI's Advanced Diploma in Retirement Provision. The partnership will begin shortly with the update of materials for 2011 examinations.

The Study Support Partner Programme is an arrangement in which PMI has joined forces with leading companies, operating in, managing or advising UK pension schemes, to offer an enhanced study support service for those undertaking the PMI's Advanced Diploma examinations. The purpose of the programme is to prepare students for the examinations by producing materials covering the syllabus in the appropriate depth.

Duncan Howorth, CEO of JLT Benefit Solutions, said: "The pensions profession faces a number of well-documented challenges linked to a changing pensions system, new regulation, deficits and the very real threat of severe funding issues. It is vital that the pensions industry continues to progress and nurture new ways of thinking so that we can address these issues - and supporting academic development within the pensions profession will be key to the success of this. As one of the largest employee benefits consultants - and with over seven million pension scheme members relying on our administration services alone - we enter into this partnership not only because we feel we will benefit as a company but also because we feel a genuine sense of duty to help raise the bar in terms of academic study within the profession."

PMI Chief Executive Vince Linnane commented: "This partnership has been beneficial for both PMI and our study support partners. We are fortunate to have been in partnership with some of the country's leading pensions professionals to help produce the PMI's Advanced Diploma study support materials. PMI students have benefited from the very highest quality materials and access to some of the most advanced pensions intellectual property available. I am really pleased that JLT Benefit Solutions is able to begin working with us in this way."

 

--ENDS--

 

EDITOR'S NOTES

The Pensions Management Institute (PMI)

The PMI is the professional body which supports and develops the experts who run UK pension schemes. It has the broadest skills base of pensions professionals and trustees in the UK, with some 5,000 members dedicated to establishing, maintaining and advancing the highest levels of pensions knowledge.

PMI members are responsible for managing and advising some of the largest institutions in the world and taking key decisions on substantial financial matters. With some £1 trillion invested in UK pensions, PMI members have a vital role to play in shaping the nation's financial future.

With 30 years of successful operation behind it, PMI is an organisation at the cutting edge of pensions. For full details of PMI's qualifications, membership grades and ongoing support services please visit http://www.pensions-pmi.org.uk/

The Advanced Diploma in Retirement Provision

The Advanced Diploma is a comprehensive and in-depth qualification for retirement benefit professionals. The overall aim of the Advanced Diploma examinations is to provide the required professional knowledge, skills and understanding for an individual to undertake, after sufficient experience, a position as a pensions specialist within a self-administered scheme; a third party administrator; a life assurance company; or the consulting and advisory services.

About Jardine Lloyd Thompson Group plc

Jardine Lloyd Thompson Group plc (JLT) is an international group of Risk Specialists and Employee Benefits Consultants and one of the largest companies of its type in the world. JLT offers a distinctive choice to clients and partners through our combination of independence, scale and specialism.

Jardine Lloyd Thompson Group plc is quoted on the London Stock Exchange and employs 6,000 people worldwide and through JLT NetworkTM provides services in more than 120 countries.

http://www.jltgroup.com/

 

Enquiries:

Jardine Lloyd Thompson Group plc

Paul Dransfield

Tel: 020 7528 4933

EMAIL

 

JLT Benefit Solutions

Simon Hazeldine

Tel: 01727 775 102

EMAIL

 

Pensions Management Institute

Neil Scott, Head of Qualifications and Student Services

020 7392 7402

Gillian King, Head of Education and Trustee Development

020 7392 7401



Contact Details

Paul Dransfield

Head of Group Corporate Communications

Jardine Lloyd Thompson Group plc
6 Crutched Friars
London, EC3N 2PH
[T]: 44 (0)20 7528 4935