HMRC urged to extend GMP reconciliation deadline by a year

James Phillips
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Willis Towers Watson warns not all schemes will have reviewed all their data by October
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Willis Towers Watson warns not all schemes will have reviewed all their data by October

The government should extend its support for schemes seeking to reconcile guaranteed minimum pension (GMP) records until October 2019, Willis Towers Watson has said.

The consultancy warned potential capacity bottlenecks, insufficient data, slow turnaround times, and complex cases arising from discrepancies mean many schemes may not be able to reconcile the data...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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