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GMP action list for pension schemes: November 2018

1 November 2018

In a landmark decision which will impact most defined benefit pension schemes, the High Court held on 26 October 2018 that pension schemes must equalise for the effect of guaranteed minimum pensions (GMPs) providing different benefits for men and women. However, pension scheme trustees and sponsoring employers should not feel pressured into trying to equalise immediately. 

This alerter sets out our 8-point GMP Equalisation Plan plus links to our more detailed briefing on GMP equalisation and an invitation to our special morning seminar on GMP equalisation on 5 December. 

Click here to read the full alerter.

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