PENSION schemes can come in many shapes and sizes, with Guaranteed Minimum Pensions (GMP) being among them. These schemes were offered to those who were members of final salary (defined benefit) ...

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 ...

New guidance on guaranteed minimum pensions has clarified the tax implication of equalising past inequalities between men and women, but critics have said it leaves unaddressed important questions for ...

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, ...

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 ...

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 ...

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.

The GMP Equalisation Working Group has published its first guidance note to assist schemes in undertaking the process. Holly Roach discusses what schemes should do next The cross-industry GMP ...