3 DB schemes
GMP equalisation is complex and is a topic that even an experienced pension professional will find challenging. We were tasked with explaining this topic to the members.
What we do:
With communicating complex subjects we find that less is more, and layering the information with clear routes to more detailed content meets all members’ levels of knowledge.
Here we focussed our key message on what members need to know and what they need to do.
Need to know...
✓A recent court ruling requires DB schemes to equalise certain benefits accrued between May 1990 and April 1997.
✓This may or may not affect your benefits.
✓Even if you subsequently take your benefits out of the scheme before the increase is applied, it will still be passed on to you.
✓If you are affected your benefits will be increased automatically, you do not need to take any action.
For those who want to know a little more, we provided them with further information - this was delivered via an animated video.
This was our final level and as this communication is simply to inform, the calls to action were directed to a technical guide.
Think we can help?