GMP conversion can be used to resolve the GMP inequality issue
Our viewpoint
29 November 2016
In particular, Annex D exposes a method developed by industry experts to address the GMP inequality issue that promises to be less costly to implement than that proposed nearly five years ago.
We believe this is a practical solution that can both address the issue and help simplify the future administration of schemes, reducing both on-going and buyout costs.
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