On the go: Inadvertent action by an employer or pension scheme to compensate scheme members for inequalities in guaranteed minimum pensions could invalidate longstanding protection from onerous tax ...

Trustees have been warned not to “unreasonably delay” the equalisation of guaranteed minimum pensions (GMPs) following a recent decision by the Pensions Ombudsman. The Ombudsman awarded a member of ...

On Thursday, during the week of the Climate Action Summit at the United Nations, the president and CEO of Green Mountain Power and one of Vermont’s most prominent climate change activists announced ...

GMP equalisation – the equalisation of the amount of guaranteed minimum pension (GMP) between the sexes is increasingly one of the top priorities for pension schemes. Since the 2018 Lloyds case in the ...

The UK's 5,600 defined benefit (DB) schemes saw their funding positions improve by one percentage point over the course of November, according to JLT Employee Benefits. Trustees should not suspend DB ...

Britain’s High Court decided Friday that pension plans under the guaranteed minimum pension (GMP) scheme have been unequal due to sex discrimination, and these schemes should be amended to equalize ...

Guaranteed minimum pensions are one of the most complex areas of retirement savings. In 2019, the Department for Work and Pensions compensated some individuals who campaigned against the Government, ...

Get local context for national news. Subscribe to Daily Digger, the Vermont newsletter 28,000 people rely on. Delivered to your inbox every Mon – Sat. A map on the wall in Green Mountain Power’s ...

The Pensions Administration Standards Association has published guidance for trustees striving to achieve GMP equality, providing examples of approaches that have been adopted or considered by “early ...

HUNDREDS of thousands will get an extra state pension boost this month thanks to a decades-old rule. People who receive the basic state pension could see their payments rise by 20% from April 10.