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The cost of accounting for GMP equalisation is less than 1% of total liabilities for over half of all schemes. This follows a survey of over 90 XPS Pensions Group clients with a 31 December 2018 year-end. |
Wayne Segers at XPS Pensions Group said “This is good news for employers and shows the value of getting a robust estimate that takes into account the specifics of their schemes.” |
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