Lloyds' union launches legal action to equalise GMPs

James Phillips
clock • 2 min read

A Lloyds Bank union is taking legal action to close the pay gap between men and women who took out guaranteed minimum pensions (GMPs).

Lloyds Trade Union (LTU) hopes the case, which will be brought on the grounds that "sex discrimination is unlawful", will remove a £2,000 per year gap in the company's defined benefit (DB) schemes....

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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