The PMI has launched its first Special Interest Group (SIG), created for trustees.
Through the Special Interest Group (SIG), trustees can communicate, exchange information, and support one another. It allows professional and recently appointed trustees to share experiences and perspectives in ways that were not previously possible.
The PMI website has a protected portal that provides access to the SIG. Among the features are official notifications of events pertinent to trustees, blogs written by professionals in the field that provide analysis of current affairs, and discussion boards where participants can exchange thoughts and pose queries while having the option to post anonymously.
The membership is available to active trustees who are members of PMI’s Trustee Group, the largest of its kind in the UK with about 1,100 members. This is the first SIG in the UK pension system created especially for a constituency.
The SIG is chaired by Doug Ross, a professional trustee with the Pi Partnership.
Ross says: “This is an exciting development that will provide trustees with a unique opportunity to network with peers and to benefit from their experience. In an era which has seen trustees placed under increasing regulatory pressure, I am delighted that PMI has responded with such a bold initiative. Major changes, such as those announced by the Chancellor in her Mansion House speech, will inevitably stimulate extensive discussion among trustees and the new SIG provides the perfect forum for interaction.”
PMI CEO Gareth Tancred says: “The Trustee SIG is just the start. Whilst I am delighted that we have developed such an exciting new service, we will not be resting on our laurels. The UK pensions community can look forward to a succession of new SIGs that will serve a range of communities within the UK pensions system.”