EQ Views
Are You Ready For GMP Equalisation?
Thursday, 15 October 2020The spectre of GMP equalisation has been hanging over every contracted out occupational scheme for over 30 years. But the 2018 Lloyds case in the High Court upped the ante.
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How to Contact Your Members About GMP Equalisation, And What They Need To Know
Friday, 2 October 2020Communication is not always easy. When it comes to communicating important information to members on technical matters, that is so much tougher.
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EQ Responds To The Pensions Dashboards Programme Call For Input
Monday, 14 September 2020EQ have recently responded to the Money and Pension Service (MaPS), call for input on the proposed data scope and details for the introduction of dashboards. EQ fully support the policy of reconnecting people with their pensions so that they can take ownership of their futures.
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What Is The Difference Between GMP Rectification And GMP Equalisation?
Thursday, 3 September 2020If you thought you’d already dealt with guaranteed minimum pensions (GMPs), unfortunately, you have probably only just scratched the surface.
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How Do You Calculate GMP Equalisation?
Tuesday, 1 September 2020Few schemes had made adjustments to equalise GMPs. But the Lloyds Bank case confirmed that benefits must be adjusted to achieve GMP equality. It was also very clear that this should have been happening since the Barber judgment of 17 May 1990.
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GMP Equalisation: The Increasing Importance Of Data
Wednesday, 5 August 2020The latest PP webinar – held in association with Equiniti – looks at guidance from the cross-industry GMP Equalisation Working Group on the importance of data – asking what data schemes need for GMP equalisation; the data demands, advantages and disadvantages of various calculation solutions; and assesses the challenges relating to historic data.
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