Anti-franking

Introduction

The Methodology guidance issued in September 2019 included a short section on anti-franking. Following requests from the industry, this supplement to that guidance examines the interaction of anti-franking and GMP equalisation in more detail, considering why anti-franking is important and suggesting approaches to deal with key areas of uncertainty. It does not provide a full manual for anti-franking calculations; we recommend schemes consult the relevant legislation/their legal advisors for exact requirements.

Publications

September 2021 – GMPE Anti-Franking Guidance

Videos

Members

Felicity Boyce (Chair) (Aon)

Alasdair Mayes (LCP)

Claire van Rees (Sacker & Partners LLP)

Duncan Buchanan (Hogan Lovells LLP)

Rebecca Morgan (ITM Limited)

Richard Akroyd (Willis Towers Watson)

Steve Nicholson (Equiniti)