GMP Court Case

GMP Court Case

GMP Legal Case Part 2

The second part of the Union’s landmark legal case on Guaranteed Minimum Pensions (GMPs) will begin in the High Court early next year.Members will recall the High Court ruled last year that the Trustee of the Lloyds pension schemes is under an obligation to equalise...

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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...

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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...

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The Methods of Equalisation

How to achieve pension equality, if that is what is required, is the most complex question raised in the proceedings and the one that’s taken up much of the Court’s time The actuaries and lawyers have identified four possible methods, three of which have possible...

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