Guaranteed minimum pension (GMP) reconciliation has been on the agenda for most contracted out defined benefit (DB) schemes for some time now. But with the end of contracting out less than two years away the issue has taken on a new urgency.
HM Revenue and Customs (HMRC) will begin winding up its reconciliation service from April 2016 and support for schemes will be very limited from after 2018. At this point it will write to all membe...
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