Who has the PQM?
The PQM has been a great success and since its launch in September 2009 over 200 pension schemes have achieved either PQM or PQM PLUS standard. Over 600,000 employees are actively saving in these arrangements.
The schemes come from a variety of sectors, ranging from financial services and charities through to pharmaceuticals and engineering. Don't forget to look which employers in your sector already achieved either PQM or PQM PLUS.
The latest schemes to join the growing number of PQM holders are:
Sims Group UK Limited 2010 Pension Plan
The People's Pension - ITSUS Consulting Ltd
FSCS Group Personal Pension Plan
London Stock Exchange Group Pension Plan
PQM READY is a standard for multi-employer schemes and master trusts. The schemes have to meet strict governance and communications standards.
If an employer using one of the PQM READY schemes wishes to meet the PQM standards, all they need to do is to ensure adequate contributions are in place. Have a look which schemes have met the PQM READY standards so far.
07/09/2017 - Gregg McClymont appointed as Pension Quality Mark Chair read more
06/07/2017 - Consultation on PQM Standards read more
T: 020 7601 1770
We welcome the Pensions Quality Mark as an independent benchmark to help employers with this important communications task, and we?re delighted to practice what we preach in securing the Pension Quality Mark PLUS for our own scheme.
Lisa Sarjeant - HR Director, CIPD