GMP Equalisation

The government has today laid out how schemes should go about equalising guaranteed minimum pensions.

The Pension Protection Fund has finalised how it will equalise guaranteed minimum pensions and started a six-month pilot project to test its methodology.

There is little hope government will not legislate to deal with the problem of guaranteed minimum pension equalisation, delegates heard.

PP conducted an online poll asking whether the government should hold fire on proposals forcing schemes to make adjustments to benefits to compensate for the effects of unequal GMPs. Here are the results.

Many within the industry want the government to hold fire on proposals forcing schemes to make adjustments to benefits to compensate for the effects of unequal GMPs - what's your view?

The Association of Consulting Actuaries has urged government to seek further legal certainty on guaranteed minimum pension equalisation because of the £10bn cost to employers.

Here it is. A summary of what you need to know about the equalisation of guaranteed minimum pensions and why it is so important.

The government has so far failed to meet its promise on entering office to reinvigorate occupational pension schemes, the Association of Consulting Actuaries says.

The switch from RPI to CPI for pension indexation moved one step further in the legislative process yesterday after it was approved in the House of Lords.

Schemes grappling with the costly problem of guaranteed minimum pension equalisation could face a prescriptive approach to legislation.