PQM, which is open to schemes with good quality DC pensions, has been awarded to two more schemes.
FMC Chemicals Stakeholder Pension Plan has received the award; FMC Corporation is a global chemical company serving agricultural, industrial and consumer markets.
E.ON is one of the UK’s leading power and gas companies, and is the first in this sector to receive the recognition. E.ON Pension Plan has been awarded the PQM PLUS.
They bring the total number of schemes with PQM and PQM PLUS to 158 with over third of a million employees saving in them.
More on the PQM here.