In this blog, Alasdair Mayes explores the DWP's publication on GMP conversion guidance and what this means for the future.
As an actuary, with over 20 years' experience helping sponsors and trustees on pensions matters, I advise on funding, risk management and benefit design. I also specialise in equalising for GMPs, pensions tax and financial reporting.
I like to provide simple and pragmatic solutions to complex problems. Outside of LCP, my two young sons keep my wife & I busy - however I always try to find time for some cycling.
Alasdair's patience and clarity is highly commendable!
Our latest thinking
News Alert: the DWP has today published guidance to using its existing GMP conversion legislation to tackle the 17 May 1990 – 5 April 1997 Guaranteed Minimum Pension inequality issue. This is a significant development, but much more needs to be done before schemes will be able to use this approach with confidence to resolve GMP inequalities.
Commenting on today's publication of a call to action from the Guaranteed Minimum Pension Equalisation Working Group (GMPEWG), Alasdair Mayes, Partner at LCP, said:16 July 2019
In this press release, David Everett, Research Partner at LCP comments on the long-awaited guidance from the Department for Work and Pensions.18 April 2019
Alasdair Mayes comments on the High Court’s judgment in the landmark Lloyds Bank case and outlines what the future holds and how we can help.26 October 2018
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