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Barnett Waddingham
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Blog: Archive

What is a GMP?

GMPs apply to members of contracted out salary related pension schemes who were contracted out of the State Earnings Related Pension Scheme prior to 6 April 1997.

What is commutation?

The ability to take a tax free lump sum on retirement has long been a popular feature of pension arrangements. Commutation is defined as giving up part or all of the pension payable from retirement in exchange for an immediate lump sum.

Revaluation for Early Leavers

Pensions Beginners Page Welcome to the fifth in a series of articles designed to introduce readers to some pensions' related topics. Revaluation fo...


Nick Griggs (64) Kim Durniat (62) Scott Eason (47) Malcolm McLean (44) Cherry Chan (39)

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