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

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

Pension freedoms have delivered flexibility in the last ten years, but 'at a cost'

Pension freedoms have delivered flexibility in the last ten years, but 'at a cost'

AKG paper says consumers value choice but are aware of risk of running out of funds

Jasmine Urquhart
clock 11 June 2025 • 2 min read
Pension scheme reform: The key announcements

Pension scheme reform: The key announcements

PP summarises yesterday’s key government pension announcements

Jonathan Stapleton
clock 06 June 2025 • 2 min read
DWP to legislate over issues arising from Virgin Media judgment

DWP to legislate over issues arising from Virgin Media judgment

Government confirms retrospective actuarial confirmation of benefit changes

Jonathan Stapleton
clock 05 June 2025 • 4 min read
Trustpilot