GMP Equalisation: The Actuarial Update
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- Practical issues organisations face relating to GMP equalisation
- The methods available to equalise
- Ten steps to conversion, based on Capita's experience of over 100 projects
While the 2018 Lloyds judgement on GMP equalisation confirms that we have now reached the point where we need to address this particular project, how you do this still remains a decision for individual schemes. There are still a number of outstanding issues to consider, however there is much that schemes can do now to start to take control of the project.
Capita's Colin Parnell, gives an overview of the pros and cons of each method and the practical steps to convert.
Find out more about Capita's GMP equalisation capabilities.