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The DWP said the GMP conversion regulations seek to provide certainty around the process and set out steps schemes must follow.
The Department for Work and Pensions (DWP) has launched a consultation on draft regulations for the conversion of GMPs into other scheme benefits and is also seeking views on fixed rate GMP revaluation rates for early leavers.
The draft GMP conversion rules – The Occupational Pension Schemes (Schemes that were Contracted-out) (No 2) (Amendment) Regulations 2026, published today (3 September) – are intended to help former...
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