GMPs – What Next?

Following the Union’s historic legal victory on Guaranteed Minimum Pensions (GMPs) in October 2018, the Trustee and the bank have been looking at how to equalise pensions and implement the Court’s decision. That work is ongoing and once completed could result in some...

Union Wins Landmark Legal Case

Well, we’ve done it again. In the most anticipated pension case in 30 years, the High Court has ruled today that the Lloyds Banking Group pension schemes must equalise guaranteed minimum pensions (GMPs) for men and women. The outcome of this case will have profound...

Continuing Discrimination In Offshore Banking

The Trustee of the Lloyds Bank Offshore Pension Scheme and the Bank are still treating men and women differently when dealing with the State Pension Deduction. The Union represented a female member on Jersey last year who would have seen her pension reduced by £1,190...

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