- Lloyds GMP discrimination case poised to test trustees’ duties on past transfers
- What is this story about?
Law360: Lloyds Bank PLC and HBOS PLC return to court on 4 May 2020 seeking further clarity on how to handle gender discrimination claims over pension schemes, a decision set to have wide-ranging effects on an industry still grappling with the landmark 2018 decision in the case. The legal action focuses on unequal guaranteed minimum pensions (GMPs), the minimum amount of pension that an occupational pension scheme has to provide to its members.
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