EQ Views

What Is The Difference Between GMP Rectification And GMP Equalisation?

If you thought you’d already dealt with guaranteed minimum pensions (GMPs), unfortunately, you have probably only just scratched the surface.

EQ Bulletin – September 2020

Welcome to our monthly bulletin of what’s happening within the regulatory environment that impacts the share registration and employee share plans space.

How Do You Calculate GMP Equalisation?

Few 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.

Has COVID-19 Made Businesses More Transparent? And Is That Changing Business Culture?

During lockdown, it’s probably safe to say that leaders were more visible and more human than ever before. They were more open about their own work/life issues. This effectively said to their people that it was OK to structure work around life.

GMP Equalisation: The Increasing Importance Of Data

The 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. 

Share Plans And Long-term Financial Wellbeing: Why Now Is The Time To Promote Share Plans