The risk of delaying GMP equalisation


Smaller pension schemes delaying GMP equalisation may face rising costs, transaction delays and growing scrutiny as industry capacity pressures intensify. Guaranteed Minimum Pension equalisation has been on the pensions industry agenda for years, yet for many small and medium-sized schemes it remains stubbornly stuck on the ‘to-do’ list. Not because trustees do not understand its importance, or because sponsors are unwilling to engage.

Insurance Pricing in Motion

There is a quiet but growing tension in actuarial pricing for insurance today. Most teams would agree that the external environment has become more volatile - economically, geopolitically, operationally. Yet many pricing processes still move at a cadence designed for a more stable world. The result is a widening gap between the risk being priced and the assumptions underpinning it. Put bluntly: if pricing is updated too slowly, insurers are often reacting to yesterday’s risk.

July 2026 Edition of the Actuarial Post Magazine

Our cover story this month is from Guy Moas from Sapiens who examines the approach of implementing AI in Life insurance. We also have an article from Sarah Vaughan from Angelica Solutions on Pricing and Reserving – two sides of the same coin. Aled Edwards from Quantum Advisory questions the risk of delaying GMP equalisation and Mark Brown from WTW looks at practical applications of quantum computing for the insurance industry. Our regular authors are also in attendance ging their views on an already busy summer.

Specialty Insurance’s Tipping Point

 

Lifestyle Actuary

Dalriada Trustees Limited (Dalriada), one of the largest providers of professional trustee services to pensions schemes in the UK, has today announced the appointment of Sarah Brough as a professional trustee.

Lights Camera Actuary

For the next few months Zoe Bolton will be talking to the senior actuaries in these firms, getting a brief insight into their career paths and visions for the future. This month Zoe interviews Shil Patel the UK Managing Director at Dynamo Analytics

Travelling Actuary

This month's Travelling Actuary takes us to the iconic Boston to experience New England at it’s very best.

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