HMRC working group confirms GMP tax guidance 'unlikely' before autumn

Holly Roach
clock • 1 min read

HM Revenue and Customs' (HMRC) guaranteed minimum pension (GMP) equalisation working group has revealed the guidance needed to avoid potential tax consequences will not be updated before the autumn.

Following meetings in May and June to consider the pension tax issues that may arise as a result of equalising GMPs - something the High Court ruled in October last year that all schemes must do - ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Admin / Technology

PDP publishes progress report following first scheme connections

PDP publishes progress report following first scheme connections

PDP publishes progress report following first scheme connections

Holly Roach
clock 16 May 2025 • 1 min read
Dalriada partners with Heka to trace pension fraud victims

Dalriada partners with Heka to trace pension fraud victims

Initiative follows Dalriada’s appointment to three FCF eligible schemes

Jonathan Stapleton
clock 09 May 2025 • 2 min read
Revealed: The top third-party administrators in 2025

Revealed: The top third-party administrators in 2025

PP’s latest admin survey reveals scheme ratings of industry providers

Professional Pensions
clock 08 May 2025 • 1 min read
Trustpilot