The industry speaks with a rare degree of unanimity on GMP equalisation: it is unnecessary and, if carried out in the way preferred by the Department for Work and Pensions, extremely expensive.
Seven industry bodies wrote to the department last week putting the cost of the project at more than £13bn and urging it to remove the guidance on methodology (PP Online, 13 April). But the cons...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
