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 400,000 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:
The People's Pension - ITSUS Consulting Ltd
FSCS Group Personal Pension Plan
London Stock Exchange Group Pension Plan
John Wiley & Sons GPP
In February 2013 we launched PQM READY - 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.
06/07/2017 - Consultation on PQM Standards read more
28/02/2017 - Sir Steve Webb and Gregg McClymont join the Pension Quality Mark Board read more
T: 020 7601 1770
In a complex industry such as pensions, both employers and employees need help to recognise high standards which initiatives like the PQM can offer.
Steve Webb, former Minister for Pensions