'No excuse' for industry slipping from GMP equalisation timescale targets
The lack of clarity from HM Revenue and Customs (HMRC) on guaranteed minimum pension (GMP) equalisation is “no excuse” for stalling implementation, says Aon.
The firm's latest webinar revealed the biggest factor holding schemes back from starting the process of equalisation is a lack of clarity from the tax office, but noted a significant amount of work can...
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