HMRC forms GMP equalisation working group five months after Lloyds judgment

Holly Roach
clock • 1 min read

HM Revenue and Customs (HMRC) has formed a working group to help schemes consider the pension tax issues arising from the guaranteed minimum pension (GMP) equalisation process.

In its March 2019 pension scheme newsletter, published on 29 March, the tax office announced it will chair the group with industry representatives, working alongside groups which are looking to add...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Trustees urged to use powers for 'proper purpose'

Trustees urged to use powers for 'proper purpose'

Trustees must have knowledge of the powers they have as they consider endgame options

Holly Roach
clock 24 January 2025 • 4 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

L&G hits £30bn in AUM, AE thresholds maintained, HMRC overhauls pension withdrawal tax system

Professional Pensions
clock 24 January 2025 • 1 min read
UK Pensions Awards 2025: Last chance to enter!

UK Pensions Awards 2025: Last chance to enter!

This year’s awards will be held on 12 June at The Brewery in London

Professional Pensions
clock 24 January 2025 • 4 min read
Trustpilot