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