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GMP Equalisation Working Group Supplemental Guidance

G M P E q u a l i s a t io n W o r k i n g G ro up S u pp l e m e n t a l G u id a n c e Allowing for Anti-franking when achieving GMP Equality September 2021 Supplemental Guidance on allowing for Anti-Franking when achieving GMP Equality Section Content Page 1 Introduction 1 2 Anti-franking 1 3 Key anti-franking issues for GMP equality 2 Appendix 1 summary of techniques i Appendix 2 Examples iii A c k n o w l e d g m e n t s PASA is grateful to the authors of the Guidance and members of the GMP Equalisation Anti-Franking subgroup and their employers. Kim Gubler (Board Sponsor) PASA Board Director Felicity Boyce (Chair) Aon Alasdair Mayes Lane Clark & Peacock LLP Claire van Rees Sacker & Partners LLP Duncan Buchanan Hogan Lovells LLP Rebecca Morgan ITM Limited Richard Akroyd Willis Towers Watson Steve Nicholson Equiniti ~ 1 ~ 1. Introduction The Methodology Guidance issued in September 2019 included a short section on anti-franking.

PASA is grateful to the authors of the Guidance and members of the GMP Equalisation Anti-Franking subgroup and their employers. Kim Gubler (Board Sponsor) PASA Board Director Felicity Boyce (Chair) Aon Alasdair Mayes Lane Clark & Peacock LLP Claire van Rees Sacker & Partners LLP Duncan Buchanan Hogan Lovells LLP Rebecca Morgan ITM Limited

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