Lloyds heads to court over GMP issue
A potentially landmark case has been launched in the High Court as Lloyds Bank seeks guidance on how to address equalisation of guaranteed minimum pensions (GMPs).
A coalition involving the bank, its union, and its pension trustees have today (5 July) begun a ‘part eight claim' seeking input on whether the trustees need to equalise how GMPs are treated and, if so,...
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Latest issue - 27 June 2019
This week's edition of Professional Pensions is out now.
Video: My fears over member outcomes
Laytons partner Jennie Kreser speaks of her concerns over pension outcomes.
Opperman: I can see force of fresh pensions commission
Guy Opperman has indicated his support for a fresh pensions commission as the government seeks to understand how to progress pensions policy in a wide range of areas.
Minimum AE contribution rates could rise to 12% by 2030
Auto-enrolment (AE) minimum contribution rates could rise to 12% by 2030, with a 50/50 split between employer and employee, the Pensions and Lifetime Savings Association (PLSA) says.