Jul 1, 2019 | All Members
The second part of the Union’s landmark legal case on Guaranteed Minimum Pensions (GMPs) will begin in the High Court later this year.Members will recall the High Court ruled last year that the Trustee of the Lloyds pension schemes is under an obligation to equalise...
Jun 21, 2019 | All Members
Two-pensions Osorio is such a “charismatic winner” that Lloyds staff don’t mind one bit that he’s paid 169 times more than they are according to the bank. In what can only be described as a the most toe curling moment seen at a Parliamentary hearing, Mr. Stuart...
May 31, 2019 | Advice, All Members
You can’t have missed the Bank’s Mental Health PR campaign, it’s been on almost every advertising medium going. Just this month the Bank announced it will train 2500 mental health ‘Advocates’. But look behind the PR facade and a different Lloyds attitude to mental...
May 24, 2019 | All Members, Executive Pay
As a result of the union’s successful campaign to highlight the monstrous differences in pension allowances between LBG’s executive directors and the vast majority of staff, Mr. Antonio Horta-Osorio, Group Chief Executive and Mr Stuart Sinclair, Chairman of the...
May 23, 2019 | All Members
In response to a straightforward question on compensation for the loss of final salary pensions from a member of staff being transferred to Schroders, Kellie Spencer-Witcomb said, in a piece of world-class gobbledygook that: “Each colleague transfer is reviewed...
May 15, 2019 | All Members, Executive Pay
Following the union’s long campaign to highlight the monstrous differences in pension allowances between Mr Antonio Horta-Osorio and his executive director colleagues, and the majority of staff, the Rt Hon. Frank Field MP, Chair of the Work and Pensions Committee and...
