{"id":1734,"date":"2024-02-13T10:44:10","date_gmt":"2024-02-13T10:44:10","guid":{"rendered":"https:\/\/intellica.co.uk\/?page_id=1734"},"modified":"2024-02-16T09:35:08","modified_gmt":"2024-02-16T09:35:08","slug":"gmp-equalisation","status":"publish","type":"page","link":"https:\/\/intellica.co.uk\/services\/gmp-equalisation\/","title":{"rendered":"GMP Equalisation"},"content":{"rendered":"

[vc_section full_width=”stretch_row” css=”.vc_custom_1707818372204{margin-top: 120px !important;padding-top: 50px !important;padding-bottom: 50px !important;}”][vc_row content_placement=”top” css=”.vc_custom_1707755948993{border-bottom-width: 1px !important;padding-bottom: 50px !important;border-bottom-color: #d8e3eb !important;border-bottom-style: solid !important;}”][vc_column css_animation=”fadeIn” width=”1\/2″][vc_column_text el_class=”text-lg”]<\/p>\n

Our GMP equalisation service<\/h2>\n

Our Gemini application is designed to simplify and expediate pension scheme recalculation events such as GMP equalisation.<\/p>\n

The power of the Constellation platform means that all applications are interconnected and can utilise functionalityas required, providing a full end-to-end solution for GMP equalisation.[\/vc_column_text][vc_single_image image=”1635″ img_size=”full” el_class=”logo-text-md” css=”.vc_custom_1707909822073{margin-bottom: 6px 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width=”1\/2″][vc_row_inner content_placement=”middle” css=”.vc_custom_1707817891704{padding-bottom: -16px !important;}”][vc_column_inner width=”1\/6″][vc_single_image image=”1603″ img_size=”full” alignment=”center” css_animation=”fadeIn” el_class=”service-icon”][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text el_class=”service-text”]Determining in-scope membership[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner content_placement=”middle” css=”.vc_custom_1707817900991{padding-bottom: 0px !important;}”][vc_column_inner width=”1\/6″][vc_single_image image=”1602″ img_size=”full” alignment=”center” css_animation=”fadeIn” el_class=”service-icon”][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text el_class=”service-text”]Calculation readiness assessment[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner content_placement=”middle”][vc_column_inner width=”1\/6″][vc_single_image image=”1588″ img_size=”full” alignment=”center” css_animation=”fadeIn” el_class=”service-icon”][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text el_class=”service-text”]Individual and bulk assumptions for dataremediation[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner content_placement=”middle”][vc_column_inner width=”1\/6″][vc_single_image image=”1595″ img_size=”full” alignment=”center” css_animation=”fadeIn” el_class=”service-icon”][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text el_class=”service-text”]Benefit tranching[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner content_placement=”middle”][vc_column_inner width=”1\/6″][vc_single_image image=”1620″ img_size=”full” alignment=”center” css_animation=”fadeIn” el_class=”service-icon”][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text el_class=”service-text”]Roll back and roll forward calculations[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner content_placement=”middle”][vc_column_inner width=”1\/6″][vc_single_image image=”1621″ img_size=”full” alignment=”center” css_animation=”fadeIn” el_class=”service-icon”][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text el_class=”service-text”]Comparator calculations[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner content_placement=”middle”][vc_column_inner width=”1\/6″][vc_single_image image=”1606″ img_size=”full” alignment=”center” css_animation=”fadeIn” el_class=”service-icon”][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text el_class=”service-text”]Under and over payments remediation[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner content_placement=”middle”][vc_column_inner width=”1\/6″][vc_single_image image=”1608″ img_size=”full” alignment=”center” css_animation=”fadeIn” el_class=”service-icon”][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text el_class=”service-text”]Optional connectivity to existing calculations\/ pro-forma[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner content_placement=”middle”][vc_column_inner width=”1\/6″][vc_single_image image=”1589″ img_size=”full” alignment=”center” css_animation=”fadeIn” el_class=”service-icon”][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text el_class=”service-text”]Full audit trail[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner content_placement=”middle”][vc_column_inner width=”1\/6″][vc_single_image image=”1596″ img_size=”full” alignment=”center” css_animation=”fadeIn” el_class=”service-icon”][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text el_class=”service-text”]Progress monitoring with cloud-based dashboards Administration platform extracts for record maintenance[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][\/vc_section][vc_section full_width=”stretch_row” css=”.vc_custom_1707818390274{padding-bottom: 50px !important;}”][vc_row content_placement=”top” css=”.vc_custom_1707756249719{padding-bottom: 50px !important;}”][vc_column css_animation=”fadeIn” width=”1\/2″][vc_column_text el_class=”text-lg”]<\/p>\n

Outcome focused<\/h2>\n

Our GMP equalisation service is driven by technology ensuring schemes benefit from an efficient, consistent, and fully auditable process, reducing the impact on existing scheme resource and protecting the scheme\u2019s BAU service.[\/vc_column_text][\/vc_column][vc_column width=”1\/2″][\/vc_column][\/vc_row][\/vc_section][vc_section full_width=”stretch_row” css_animation=”fadeIn” css=”.vc_custom_1707905190834{padding-top: 100px !important;padding-bottom: 100px !important;background-color: #3f6181 !important;}”][vc_row el_class=”grid-container”][vc_column][vc_single_image image=”1550″ img_size=”full” alignment=”center”][vc_column_text el_class=”testimonial-text”]<\/p>\n

GMP equalisation is complex and has several key dependencies and decision points. The pensions industry has numerous competing legislative priorities such as pensions dashboards and de-risking exercises, coupled with maintaining BAU service this has resulted in the industry wide challenge of limited resources with relevant DB pensions experience. Working in collaboration with Intellica, a be-spoke version of Constellation was developed and implemented, enabling Mercer to deliver GMPe projects in a simple, agile and tracked manner creating capacity to successfully overcome industry challenges.<\/span><\/p>\n

[\/vc_column_text][vc_column_text]<\/p>\n

Senior Partner, Mercer<\/span><\/p>\n

[\/vc_column_text][\/vc_column][\/vc_row][\/vc_section][vc_section full_width=”stretch_row” parallax=”content-moving” parallax_image=”1185″ parallax_speed_bg=”1.2″ css_animation=”fadeIn” css=”.vc_custom_1708076105049{background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}”][vc_row][vc_column][vc_empty_space height=”600px”][\/vc_column][\/vc_row][\/vc_section][vc_section full_width=”stretch_row” css=”.vc_custom_1707834987436{padding-top: 100px !important;padding-bottom: 100px !important;background-color: #ffffff !important;}”][vc_row][vc_column width=”1\/2″][vc_column_text css_animation=”fadeIn”]<\/p>\n

Get in touch to see how we can help you get your pension data sorted.<\/h3>\n

[\/vc_column_text][vc_btn title=”CONTACT US” style=”custom” custom_background=”#81aed9″ custom_text=”#ffffff” shape=”round” css_animation=”fadeIn” link=”url:%2Fcontact%2F|||”][\/vc_column][vc_column width=”1\/2″][\/vc_column][\/vc_row][\/vc_section]<\/p>\n<\/section>","protected":false},"excerpt":{"rendered":"

[vc_section full_width=”stretch_row” css=”.vc_custom_1707818372204{margin-top: 120px !important;padding-top: 50px !important;padding-bottom: 50px !important;}”][vc_row content_placement=”top” css=”.vc_custom_1707755948993{border-bottom-width: 1px !important;padding-bottom: 50px !important;border-bottom-color: #d8e3eb !important;border-bottom-style: solid !important;}”][vc_column css_animation=”fadeIn” width=”1\/2″][vc_column_text el_class=”text-lg”] Our GMP equalisation service Our Gemini application is designed to simplify and expediate pension scheme recalculation events such as GMP equalisation. The power of the Constellation platform means that all applications are interconnected … Continued<\/a><\/p>\n","protected":false},"author":8,"featured_media":0,"parent":144,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"acf":[],"_links":{"self":[{"href":"https:\/\/intellica.co.uk\/wp-json\/wp\/v2\/pages\/1734"}],"collection":[{"href":"https:\/\/intellica.co.uk\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/intellica.co.uk\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/intellica.co.uk\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/intellica.co.uk\/wp-json\/wp\/v2\/comments?post=1734"}],"version-history":[{"count":16,"href":"https:\/\/intellica.co.uk\/wp-json\/wp\/v2\/pages\/1734\/revisions"}],"predecessor-version":[{"id":1946,"href":"https:\/\/intellica.co.uk\/wp-json\/wp\/v2\/pages\/1734\/revisions\/1946"}],"up":[{"embeddable":true,"href":"https:\/\/intellica.co.uk\/wp-json\/wp\/v2\/pages\/144"}],"wp:attachment":[{"href":"https:\/\/intellica.co.uk\/wp-json\/wp\/v2\/media?parent=1734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}