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PMI Level 3 Award in Pension Trusteeship

Defined Contribution and Defined Benefit Schemes

The Pensions Management Institute

Summary

Price
£330 inc VAT
Study method
Distance learning
Duration
3 months · Self-paced
Qualification
No formal qualification
Additional info
  • Exam(s) / assessment(s) is included in price
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Overview

The Awards in Pension Trusteeship (APT) is for trustees, or those interested in trusteeship, based on the Pensions Regulator’s indicative syllabus. It provides formal recognition of a trustee’s knowledge and understanding (TKU) in line with the requirements of the Pensions Act 2004.

Description

To provide formal recognition of a trustee’s knowledge and understanding (TKU) in-line with the requirements of the Pensions Act 2004.

Qualification Structure & Assessment

This qualification comprises one mandatory unit covering three syllabus areas.

 Syllabus Area 1 : Law and pensions overview

 Syllabus Area 2 : Investment and funding issues for defined contribution and defined benefit pensions

 Syllabus Area 3 : Scheme management issues for defined contribution and defined benefit pensions Further details on assessment can be found in the relevant test specification

How is it assessed?

The qualification is assessed by a 90 minute examination in the form of a 60 question multiple choice exam paper, designed to test knowledge right across the syllabus.

Where and when are examinations held?

Public Examination Sittings

There are two public examinations per year; March and September. Public examinations will be held online.

It is also possible to arrange a private examination sitting (online)

Requirements

There are no formal prerequisites for this qualification; either qualifications or knowledge and experience. However, we would anticipate most candidates would be working in the field and/or undertaking the role of trustee.

Those planning to enter for the examinations are recommended to work through the e-learning programme at The Trustee toolkit, which has been developed by The Pensions Regulator to meet their Trustee Knowledge and Understanding (TKU) requirements.

The price of the exam does not include Membership and this must be purchased at an additional cost.

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Legal information

This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.

FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.
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