Implementation of Lloyds GMP ruling will be simpler than it looks, lawyers say

James Phillips
clock • 3 min read

The High Court ruling on guaranteed minimum pension (GMP) equalisation may have said various methods were possible but, in practice, schemes will find it fairly easy to implement, legal experts say.

In a landmark decision last week, the High Court ruled in the Lloyds case - saying pensions provided to members who had contracted-out of their scheme must be recalculated to ensure payments reflec...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Law and Regulation

'Sludge practices' and 'misuse' of anti-scam rules blamed for transfer delays

'Sludge practices' and 'misuse' of anti-scam rules blamed for transfer delays

Coalition of platform providers calls for fundamental reform of the system

Jonathan Stapleton
clock 13 March 2026 • 3 min read
Lords move to increase salary sacrifice cap to £5,000 'a pragmatic step'

Lords move to increase salary sacrifice cap to £5,000 'a pragmatic step'

Amendments will reduce or remove the impact of changes to salary sacrifice for most savers

Jonathan Stapleton
clock 12 March 2026 • 4 min read
SPP highlights 'practical challenges' with FCA's ESG rating proposals

SPP highlights 'practical challenges' with FCA's ESG rating proposals

Body says implementation ‘must be practical’ and that sharper definitions are needed

Jonathan Stapleton
clock 12 March 2026 • 1 min read
Trustpilot