The Pensions Management Institute is to launch the first masters degree for pensions.
The PMI has signed a memorandum of understanding with Imperial College London to explore the viability of developing the first specialised pensions masters degree in sustainable retirement.
The MSc will aim to link vocational and professional qualifications with an academic benchmark. The PMI says a number of its members have expressed an interest in the qualification as a way of developing their careers.
PMI chief executive Vince Linnane says: “This is our first collaboration and we are proud to be working with a partner with the global reach and reputation of Imperial College London. It seemed appropriate that we sought a partner who had expertise in a considerable number of fields to challenge current thinking and develop new ideas around de-risking of pension schemes, changing demographics and the business and social issues of employees working longer.
“We hope to be in a position to announce the content and structure of the Masters programme in approximately three to four months. It will focus around sustainable retirement and other areas where both organisations intend working more closely.”
Imperial College Centre for Environmental Policy director Dr Zen Makuch says: “As pensions and saving for retirement become an ever more complex and key issue for millions of members and employers throughout the country, we welcomed the opportunity to be able to share our world class teaching, development and assessment methodology on leadership and sustainable stakeholder management.”