Tom Yorath
Schemes on the hunt to maximise GMP conversion benefits
Red tape preventing pension schemes from managing the barriers around GMP equalisation is leading to many combining conversion with pension increase exercises (PIE), Aon says.
From the Barber judgment to needing a barber
30 years after the infamous Barber judgment, Tom Yorath looks at how the GMP equalisation problem has progressed against advances in technology
'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.
Aon promotes seven to partner
Aon has announced the promotion of seven of its UK retirement, asset management and reward team to partner.
Industry must step up planning to achieve desired GMP outcomes, says Aon
The industry needs to step up efforts to ensure guaranteed minimum pension (GMP) equalisation exercises are completed in time, and in a cost effective way, according to Aon.
Industry split on GMP equalisation approach
The pensions industry is split on its approach to dealing with the GMP equalisation, Aon says.
Exclusive: £50bn of buy-ins need restructuring after GMP equalisation ruling
Insurers are set to face a "flood of requests" from pension schemes for buy-in contracts to be restructured to allow for guaranteed minimum pension (GMP) equalisation, Aon warns.