GMP Equalisation

About

Early in 2019, the Pensions Regulator announced the formation of an industry working group to help pension schemes following the High Court’s ruling on the equalisation of GMPs in October 2018.

The group brings together representatives from across the pensions industry, including  legal, advisory, actuarial, data and trustees sectors, and is chaired by Geraldine Brassett of PASA.  The primary objective of the group is to produce good practice industry guidance to support schemes in preparing for and then implementing GMP equalisation and potentially, for some schemes, conversion.

Publications

September 2019 – GMPEWG Equalising for the Effects of GMPs (Methodology)

July 2019 – GMPEWG Call to Action

June 2019 – GMPEWG Open Letter