Widespread concern over complexity and cost of GMP equalisation, finds ACA

Holly Roach
64% of employers running DB schemes say it will take more than two years to fully equalise GMPs

64% of employers running DB schemes say it will take more than two years to fully equalise GMPs

Employers are increasingly concerned about the costs and complexity associated with equalising guaranteed minimum pensions (GMPs), according to the Association of Consulting Actuaries (ACA).

The firm's 2019 Pension Trends Survey - which questioned 308 employers of all sizes - revealed a number remain undecided about how they should progress with the project one year on from the landmar...

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