Apr 12, 2018 | All Members
A significant number of TSB staff are deferred members of one of Lloyds Banking Group’s defined benefit (final salary) pension schemes and the financial security of those schemes is important to them. Deferred members are just as important as active members. A few...
Apr 5, 2018 | All Members
The Anna Karenina Principle, taken from the opening sentence of Leo Tolstoy’s book, says that a deficiency in any one of a number of factors dooms an endeavour to failure. Consequently, the success of a particular endeavour is one where every deficiency has been...
Mar 29, 2018 | All Members
As part of its review into branch opening hours, which will see the closure of 9 branches, TSB has said that a number of branches will reduce their opening hours from 9,00am to 5.00pm to 9.30am to 4.30pm. The branches will be closed over lunchtime. Let’s be clear,...
Mar 19, 2018 | All Members
As members now know the Union is changing the brand name it uses in TSB to “The Banking Union”; using “TBU” as the short version. The background to the change is that Lloyds Banking Group has threatened legal action to stop us using the word “Lloyds” in our name....
May 23, 2017 | All Members, GMP Court Case
The Union’s landmark legal case on the equalisation of Guaranteed Minimum Pensions (GMPs) has now been lodged with the High Court. Members will recall that the Bank, TBU and the Lloyds Banking Group Pensions Trustee Limited are bringing the case jointly. Three...
Nov 29, 2016 | All Members, GMP Court Case
Lloyds Banking Group, the Trustee Board and TBU have agreed to refer the Union’s landmark legal action on Guaranteed Minimum Pensions (GMPs) to the High Court. Given what’s gone on over the past 18 months with LBG, that’s not a sentence I expected to write. Under...
