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A consortium of some of the UK’s largest defined benefit (DB) schemes has partnered with Quietroom to develop a suite of free-to-use GMP equalisation communications available to all schemes.
The abolition of the lifetime allowance (LTA) could ‘remove a burden’ for HM Revenue & Customs (HMRC), will have ‘knock-on’ consequences and may see some “rowing back” as the structure is dismantled, pension lawyers say.
As the philosophy lesson goes, if you fill a jar to the brim with golf balls, it is full, right?
GMP equalisation is a thorny issue and for some schemes it can be about choosing the least bad option. But what if it doesn't have to be that way? As highlighted...
Data is now the key focus for UK pension schemes on their journey to risk settlement, an Aon poll shows.