GMP

Here they are… The top ten practical difficulties with equalising to allow for guaranteed minimum pensions.

The method chosen by the Department for Work and Pensions for equalising guaranteed minimum pensions could be challenged, a lawyer says.

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

Cemlyn Foulkes looks at how much progress has been made since the publication of the Hutton Report and asks if individual steps have resulted in a reduction or increase in benefits.

Grasping the nettle of guaranteed minimum pensions

The government should retain a fixed revaluation rate of 4% calculating guaranteed minimum pensions for early leavers, the Society of Pension Consultants recommends.

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.

This month the panellists discuss considerations regarding scheme pays facilities.

Firms planning to freeze their defined benefit schemes should do so before 5 April next year due to a forthcoming change in guaranteed minimum pension rules, a consultant says.