GMP Equalisation Working Group issues member communication guidance - Pensions Age Magazine
The cross industry GMP Equalisation Working Group (GMPEWG) has published guidance to help trustees effectively communicate the complexities of GMP equalisation to their scheme members.
It is designed for schemes in the early planning stages of GMP equalisation, where trustees are considering how they will approach their communications and how they will work with administrators.
The GMPEWG, which is chaired by the Pensions Administration Standards Association (Pasa), warned that these communications would not be a "one size fits all" situation and members will need to be communicated with differently.
