Retirement Provision Certificate
Distance learning course with final multiple choice exam
The Pensions Management Institute
Summary
There is a Student Membership Fee payable of £178 on top of the cost of the course for those...
- Exam(s) / assessment(s) is included in price
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Overview
To provide a broad introduction to pensions and other related benefits in the UK that is ideal for employees new to pensions, support staff and those professionals working in related fields.
Description
The qualification is presented in a form which is intended to give an indication of the depth and breadth of knowledge which is required. The syllabus is divided into sections with an initial statement, or learning outcome, indicating what is expected of candidates and some notes in italics which give an indication of the way in which the initial statement should be interpreted.
The syllabus and the examinations are based on the law and practice of the United Kingdom as it existed on 6 April the previous year, unless stated otherwise.
Aim
To provide:
- an understanding of the nature and context of retirement provision in the UK.
- a foundation for those who plan to develop a career specialising in one aspect of retirement provision or for those seeking a broad understanding of the subject.
Learning Outcomes
At the end of this qualification, candidates should be able to:
- understand retirement provision
- understand the role of Government in retirement provision
- understand the role of workplace pension schemes in retirement provision
- understand the role of individual provision
- understand the role and nature of investment in retirement provision
Who is this course for?
It has been designed to meet the needs of a wide range of people, not just pension professionals; for example it could include:
- those who are starting out on a career in pensions or a related area.
- those whose work involves one particular aspect of retirement provision, such as investment, legal or accounting.
- those whose job requires an overview of the principles underpinning retirement provision.
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.
Candidates undertaking the qualification will need to be a Student Member of the PMI.
Candidates completing the qualification successfully will be eligible to seek election as a Certificate Member of the PMI with the designatory initials ProfPMI.
Career path
Those who complete the RPC could proceed to any of the above Diplomas or consider other standalone PMI qualifications, depending on individual circumstances.
This qualification can also be used as part of the Workplace Pensions Trailblazer Apprenticeship.
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