Running for a trial year from 1 January 2023, the partnership will provide members of each organisation with the benefits of the other, such as discounted or free attendance at training courses and conferences, access to special interest groups, and mentoring and development programmes.
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Varsha Gicas, commerce and engagement director at the PMI, said the partnership would add significant value to the membership of both organisations, as the professions had grown closer.
She said: “The Pensions Management Institute has been committed to promoting excellence in pensions practice for over four decades. Recently, and especially following the introduction of auto-enrolment, this has expanded to include the function of delivering pensions through payroll professionals.
“This collaboration will allow us to provide CIPP members with access to our expertise and offer expanded benefits and topical exposure to members of both institutes.”
CIPP member Jim Woodlingfield, payroll and pensions manager at Sunderland City Council, said the partnership would help each organisation provide crucial support to those working in payroll, pensions and reward.
He told HR magazine: “Being a member of both the PMI and CIPP gives me access to a wide range of resources and a community of fellow practitioners, so I’m sure this support will only go from strength to strength.
“From auto-enrolment to the pensionable status of payments, the CIPP advisory service is always ready to discuss areas of concern and point you in the right direction. Their specialist interest groups also give sector specific information from a group of peers with decades of knowledge between them. It’s a great way to deliver training on complex issues with an emphasis on practical results.
“At Sunderland City Council, we currently have a number of team members taking practical courses to learn from these industry experts so that our organisation remains compliant.”
Vickie Graham, the CIPP’s business development director, added: “This is an exciting period in the CIPP and PMI history and we are looking forward to supporting our members and giving payroll and pension professionals the recognition that they deserve.”
