The Qualification
This Certificate in Pension Scheme Member Guidance (CPSMG) qualification is designed to meet the needs of pensions staff who regularly liaise with members selecting options from a pension scheme.
It is concerned with improving member outcomes and providing guidance on benefit options.
As this guidance is in the area of non-regulated advice the qualification provides an overview of the distinction between regulated and non-regulated advice, the different types of pension scheme and the factors that need to be considered in making decisions in regard to benefits. It covers various options and situations, including: joining, leaving, transferring, retirements, commutation, death, and divorce.
It is concerned with improving member outcomes and providing guidance on benefit options.
As this guidance is in the area of non-regulated advice the qualification provides an overview of the distinction between regulated and non-regulated advice, the different types of pension scheme and the factors that need to be considered in making decisions in regard to benefits. It covers various options and situations, including: joining, leaving, transferring, retirements, commutation, death, and divorce.
