Wyn Derbyshire, London Head of Pensions, is quoted extensively in an article for Pensions Age discussing the waves of reform, financial crises and scrutiny that has caused pension trade bodies to undergo rapid transformations.
Commenting on the adaptation in the industry, Wyn said: “It’s a fact that the world has moved on and the pensions world is very different from the one that it was 25 years ago. And it’s going to be different again in 25 years’ time. So if the institutions don’t adapt then they will become irrelevant anyway.”
Wyn further comments on the improvements that can be made to the industry through educating the professional sectors that trade bodies work for. He said:
“One of the discussions that I have had fairly recently with various people is whether (apart from the pensions world having its own separate qualifications) there is anything that exists by way of advanced academic pensions law and administration training that could exist in conjunction with some of our universities.”