HMRC has published guidance in its latest GMP equalisation newsletter to clarify the treatment of previously paid lump sum benefits and the future payment of lump sums required as a result of GMP equalisation. There is a requirement to extinguish a member’s rights under the scheme which applies to certain lump sum payments. If a further entitlement to benefits is identified, solely due to GMP equalisation, this will not stop the initial lump sum from being an authorised payment. However, for past trivial commutation payments that were close to the limit of what was allowed, this may not be enough to save the initial payment from becoming unauthorised if a GMP top-up payment takes the combined payment above that limit. As with the previous HMRC GMP equalisation newsletter, GMP conversion is excluded from this guidance.