Schemes make slow progress with GMP equalisation five months on
Many schemes are still sitting on their laurels despite the High Court judgment on equalising GMPs being handed down five months ago. Holly Roach explores how much progress has been made.
Guaranteed minimum pension (GMP) equalisation is one of the biggest issues facing this industry, and the process of adjusting an individual's pension is time consuming and costly. Following a landmark...
More on Admin / Technology
Mercer urges government and HMRC to clarify GMP equalisation guidance
The government must work with HM Revenue and Customs (HMRC) and the wider industry to clarify GMP equalisation uncertainties, Mercer says.
LGPS funds see increase in claims over historic transfers
Around two-thirds (77%) of Local Government Pension Scheme (LGPS) funds have received a claim relating to historic transfers over the past 12 months, according to Eversheds.
DWP urged to give pension funds a stronger steer on dashboard data
Schemes need more certainty over the data they will have to provide for dashboards, as the minister is expected to take a heavier stance in 2021, experts say.
Pension scheme cyber risk - the key challenges and who is responsible
The Institute and Faculty of Actuaries' Patrick Kelliher and Vanessa Jaeger look at the key cyber risks faced by pension schemes, who is responsible for managing these risks, and how these risks may be managed.
Partner Insight: What is the cost of getting future-fit when it comes to pension technology?
The UK pensions sector is in dire need of a technology revolution – and there are plenty of forces at play to push and pull the industry into the 21st century.
