Pensions tax law changes could help equalise GMPs

ACA said HMRC’s latest GMP guidance opens the door to ‘some very practical approaches’

Holly Roach
clock • 2 min read
The ACA said it 'very much welcomes' HMRC's recent GMP guidance
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The ACA said it 'very much welcomes' HMRC's recent GMP guidance

Changes to pensions tax law could open the way for schemes to decide how to equalise benefits, according to the Association of Consulting Actuaries (ACA).

The firm said it "very much welcomes" HM Revenue & Customs' (HMRC) recent guidance on how pensions tax interacts with exercises to remove inequalities arising from GMP equalisation. Guidance in ...

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