Making sense of GMP Conversion

The option to convert Guaranteed Minimum Pensions (GMPs) into ordinary pension scheme benefits was first introduced in 2009, but has to date only been used for a handful of schemes. However, since last year’s Lloyds judgment, conversion has suddenly become a much more attractive prospect. In this briefing note, we look at what conversion involves, and at the questions that still remain to be answered.

Read full briefing note here