PMI Group Employee Directory

At the core of the PMI business model, we believe that Plan Sponsors and their appointed Trustees must retain ownership of their respective pension plans. PMI does not take any assets (money) from Clients under its name but establishes all pension plans and private wealth management accounts in the name of the pension plan or Client, with only the... Trustees or owner as authorized signatories. It is PMIs position that if you design, consult, manage, and administer pension plans and also possess signing authority and hold the assets, it is a clear conflict. Clients should not have to change their pension plans because they change their service provider. Companies are increasingly looking for ways to increase the effective and efficient management of their pension plans. Establishing a delicate balance between contributions and benefits must involve a constructive approach. This approach should encompass a sound governance structure and an effective management and administration platform. Most employed persons live a long time in retirement, many of these without generating income post-employment. Therefore, for many of these employed persons, a retirement benefit will provide a substantial portion, if not all, of the funds they will have to support their lifestyles during retirement. Therefore, without proper retirement planning, employees can be faced with a significant cut in their income at retirement, requiring dramatic changes to the lifestyle to which they have become accustomed. It is within this mindset that we have focused as our core competence in assisting fiduciaries; our distinct ability to assist in the preparation and execution of policies and guidelines by ensuring that the management of the assets of these pension plans is in so keeping with the obligation (benefits) promised. PMI does not support a cookie-cutter approach as every pension plan will have different terms and conditions that aims to complement the operational efficiencies of the Plan Sponsor. PMIs approach is an interactive one ...Read More