In October 2018, the High Court ruled that schemes must equalise benefits to address the unequal effects of Guaranteed Minimum Pensions (GMPs). Whilst much has moved on since then, our experience is that very few schemes have actually started to equalise. A lack of certainty as to how pensions tax rules will apply, particularly where a conversion methodology is being used, is one of the main barriers.

Join Brodies' pensions team as they discuss their experience of tackling head-on the tax implications of GMP equalisation and get their insight on the challenges ahead for trustees and scheme sponsors on their GMP equalisation journeys.


Juliet Bayne


Maureen Burns

Senior Associate