How far should the industry go with DWP's GMP equalisation method?

The DWP's GMP equalisation methodology is an improvement but questions remain about far it should be applied. Michael Klimes investigates this dilemma
In the past six months the Department for Work and Pensions (DWP) has been less shy about how the industry should deal with guaranteed minimum pension (GMP) equalisation. Last November's consultation...
More on Admin / Technology
Value for money in pensions admin: Learning from the world's top schemes
Administration should be focused on what the member would ideally want, thereby delivering a better services, says John Simmonds.
HSBC increases AUM on DB pensions risk platform
HSBC will increase its assets under management on Moody’s Analytics’ defined benefit (DB) software platform, expanding its use from six to 15 countries.
2021: The year of dashboard progress?
Hurdles remain before dashboard implementation, writes Holly Roach.
Covid has forced us to a crossroads for tech
The technological developments arising out of the pandemic will change the pensions industry forever, says Darren Philp.
Updated: GMP Equalisation Working Group publishes guidance on tax issues
The GMP Equalisation Working Group has published further good practice guidance covering the tax issues relating to the equalisation of GMPs.