ADD ADVICE TO FAVPension manager
Pension managers manage pension funds made up of contributions by individuals and employers.
What pension managers do
- keep abreast of legislation that affects pensions
- prepare reports for trustees and members
- liaise with actuaries, employers, solicitors, investment managers and accountants
- manage administrative staff.
Key skills
- analytical ability
- judgement
- verbal and written communication skills
- initiative
- numeracy
- understanding of the ways in which the different investment sectors work.
Training to be a pension manager
Pension managers train on the job and study for professional examinations through part-time study.
Salaries
Typical starting salary is £20,000 to £22,000, rising to over £30,000 for top recruits. Experienced pension managers earn from £40,000 to over £65,000.
