GMP Court Case
GMP Court Case Judgment
Please click this text to view a PDF of the judgment.
Bank faces £150m bill after landmark pensions ruling – Article By People Management
Please click here to read the article.
Landmark pensions ruling may cost Lloyds Banking Group $192 million – REUTERS
Please click here to read the article.
Lloyds faces bill of up to £150m in pensions discrimination ruling – The Guardian
Please click this text to read the article.
Press Release – Union Wins Landmark Discrimination Case
Please click here to view a PDF version of this press release.
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...
Pensioners To Receive Millions In Back Payments – Article By The FT Adviser
Please click here to read the article.
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...
GMP & The Government
The case is going as we expected and there have been no surprises. Many members have asked why the Department of Work and Pension (DWP) and HM Treasury (HMT) are involved in the case. The Government applied, very late in the day, to intervene in the proceedings. They...
Lloyds heads to court over GMP issue – Professional Pensions
Please click this text to read the article.