Schemes on the hunt to maximise GMP conversion benefits

Hope William-Smith
clock • 2 min read

Red tape preventing pension schemes from managing the barriers around GMP equalisation is leading to many combining conversion with pension increase exercises (PIE), Aon says.

With PIEs an increasingly popular method of risk management - allowing savers to give up future contractual increases in favour of an initially higher pension - a recent Aon poll found many schemes...

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