One scheme is continuing to quote and pay TVs on the existing basis but with a note that when GMP equalisation is complete there may be a further payment.
To see this question in full and the additional responses please apply for access to Pensionweb for your free trial.
Become a member of the Pensionweb Community to see how the members haved voted. Contact Julie Midgley on 01924 203906 for a free trial.
Since its establishment in 2002, Pensionweb has helped hundreds of in-house pension professionals achieve better outcomes for their employers’ pension arrangements.
To find out how – call Julie (01924 203906) for a FREE trial.