Apr 15, 2019 | All Members, GMP Court Case, Pensions
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...
Apr 3, 2019 | Executive Pay, Pensions
Please click this text to view a PDF version of the letter. Latest News Retail Banking Redundancies 11th February 2021 Leadership Get New Social Media Guidance 9th February 2021 Future Pension Increases – Letter To Members And MPs 3rd February 2021 “Chopping &...
Mar 5, 2019 | Advance, GMP Court Case, Pensions
The hearing into whether 3.9 million 50s born women have been cheated out of their state pension by the government has been set by the High Court for May 24.BackgroundThe Pensions Act 1995 provided for the State Pension age (SPA) for women to increase from 60 to 65...
Oct 26, 2018 | All Members, GMP Court Case, Pensions
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...
Oct 9, 2018 | All Members, Pensions
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...
Jul 4, 2018 | GMP Court Case, Pensions, Press Release
Please click this text to download a PDF version of the press release....