The vast majority of JLT Employee Benefits' clients have moved to the new equalised basis since the consultancy enabled pension schemes to calculate transfer values to allow for guaranteed minimum pension (GMP) equalisation.
The organisation is one of the first to enable this and has made it available to more than 700 pension scheme clients since the beginning of March. This follows a landmark decision in the High Court...
Schemes and their administrators have rightly received much praise for ensuring that pensions have continued to be paid in full and on time during an unprecedented period of disruption.
London Borough of Hammersmith and Fulham to transfer pensions administration services following review
The London Borough of Hammersmith and Fulham is looking to transfer its pensions administration service to a new provider towards the end of 2021, following an independent review.
PRAG updates guidance on cybercrime protection as 43 pension organisations report breaches to ICO over past two years
The Pensions Research Accountants Group (PRAG) has published updated guidance to help trustees protect their schemes from cybercrime.
The government has launched a consultation seeking views on its proposals on how it will continue to provide full indexation of public service pensions, including any GMP element.
Professional Pensions spoke to Diligenta chief executive Daniel Praveen as part of an exclusive series of interviews with some of the finalists and winners of the UK Pensions Awards. This is what he had to say…