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Barnett Waddingham
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Blog: GMP reconciliation

GMP conversion - the way forward

John Cormell and Richard Gibson explore the issue of guaranteed minimum pension (GMP) conversion.

IAS19 update for year-end 31 March 2019

Looking ahead to the 31 March 2019 year-end, most companies reporting are currently looking at a broadly unchanged IAS19 funding position. The average funding level in our most recent survey was 96%, and this is likely to stay around this level.

Pensions News – what you may have missed this winter

From Barnardo’s and BT to Superfunds via GMP – Head of Pensions Research, Tyron Potts, maps out an ‘A - Z’ of everything you may have missed in world of pensions this winter.

GMP equalisation – pity the poor trustees…

A few weeks post-Lloyds and we’re taking the finer points of the ruling as read - lots to do, or not do, legal advice to take, or not take, transfer values to suspend, or not suspend – a catalogue of unknowns that are raising trustee frustration levels up and down the country. Julie Walker, Associate, considers the problems trustees face after the Lloyds ruling.

GMP equalisation - actions for corporate sponsors

So after 28 years of uncertainty, the Lloyds Bank case judgment released on 26 October 2018 means we all now know what we need to about GMP equalisation – right? Hmmm.

Accounting implications of GMP equalisation

With the results of the Lloyds Bank case expected next month, GMP equalisation may become a reality for many schemes in the very near future. It is important to anticipate the implications this may have for companies’ year-end accounting.

GMP Equalisation – what you need to know

To date GMP equalisation has primarily been carried out for schemes buying out or transferring to the PPF, with ongoing schemes deferring the exercise. 2019 could be the year that all this changes and it will be important for schemes to get ready

Scheme Reconciliation Service - a positive start to the year

It’s been a busy period for HMRC and there have been a number of recent developments in the Scheme Reconciliation Service (SRS) world, let’s take a look at some of the recent changes…

A squeeze on HMRC resources as the GMP reconciliation deadline approaches?

With the December 2018 deadline for reconciling GMPs looming, HMRC are seeing a massive increase in the number of SRS queries, so it's understandable that there may be a squeeze on their resources. But what impact will this have on the pensions industry?

HMRC announce end to new Scheme Reconciliation Service requests

HMRC announced on 5 August 2016 that they would not accept any new requests for new data to be provided through the Scheme Reconciliation Service (SRS), but what does this mean for the schemes that we administer?

Author

Nick Griggs (64) Kim Durniat (62) Scott Eason (49) Malcolm McLean (45) Cherry Chan (40)
James Jones-Tinsley (35) Damian Stancombe (28) Tyron Potts (26) Andy Leggett (13) Chris Ramsey (11) Danny Wilding (11) Chris Tagg (10) John Hoskin (10) Gavin Markham (10) Martin Hooper (10) Vivienne Maclure (9) Bhargaw Buddhdev (9) Laura Matthews (9) Andrew Roberts (8) Paul Hamilton (8) Mark Futcher (8) Rob Thomas (7) Matt Tickle (7) Julia Turney (7) Andrew Vaughan (6) Adam Poulson (6) Graeme Muir (6) Simon Taylor (6) Iain Poole (5) Ben Roach (5) Melanie Durrant (5) Nilesh Shah (5) Lisa White (5) Michael Henderson (4) Peter Meyler (4) Liam Mayne (4) Barry McKay (4) Jane Ralph (4) Chris Hawley (4) Julian Mainwood (3) Dave Grimshaw (3) Harshil Shah (3) Phil Duly (3) Mark Paxton (3) Tom Prime (3) Julie Walker (3) Kevin O'Neill (3) Richard Gibson (3) John Cormell (3) Julie Baillie (3) Martin Willis (3) Trevor Harvey (2) Mark Paulson (2) David Gulland (2) Michael Crawford (2) Marcus Whitehead (2) David Connell (2) Jonathan Marrow (2) Robert Hunschok (2) Riaan van Wyk (2) Christine Kerr (2) Annemarie Allen (2) Pete Smith (2) Paul Maguire (2) Paul Houghton (2) Wan Hsien Heah (2) Louise Lau (2) Paul Leandro (2) Rosie Fantom (2) Jemma Arfield (2) Carole Ward (1) Andrew Hague (1) Mike Kennedy (1) Ian Ward (1) Andy Greig (1) Heather Martin (1) Mandie Bird (1) Jon Palin (1) Jagdeep Singh Lall (1) Sonia Kataora (1) Ruth Thomas (1) Nick Salter (1) Steve Ellul (1) Amit Lad (1) Roisin McGuire (1) Mark Pipe (1) James Jordan (1) Peter Daniels (1) Ian Mills (1) Matthew Paton (1) Wendy Kriz (1) Andy Parker (1) Esther Hawley (1) Tom Hargreaves (1) Ross Anderson (1) Chris Pritchard (1) Rod Goodyer (1) Lewys Curteis (1)

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