Schemes leaning towards conversion method for GMP

ACA finds trustees are critical of the dual record approach

Hope William-Smith
clock • 1 min read
Schemes leaning towards conversion method for GMP

Employers and pension schemes obligated to undertake GMP equalisation are keen to use the conversion method rather than the dual record approach, the Association of Consulting Actuaries (ACA) says.

The final report of the ACA's 2021 pension trends survey - ‘ Pensions: Key reforms still needed to avoid crisis' found that while conversion is the favoured method, many schemes are also yet to mak...

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