ACA calls for ECJ test case to decide on £10bn GMP equalisation problem

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EUROPE - The Association of Consulting Actuaries has urged government to seek further legal certainty on guaranteed minimum pension equalisation because of the £10bn ($16bn) cost to employers.

ACA chairman Stuart Southall (pictured) said an ECJ test case is the only way the government can achieve the legal certainty required to pursue guaranteed minimum pension (GMP) equalisation because...

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