Legal
GMP Equalisation: Duty Does Extend to BPast Transfers
The third judgment in the Lloyds court proceedings on Guaranteed Minimum Pension (GMP) equalisation has now been handed down (Lloyds Banking Group Pensions Trustees Ltd v Lloyds Bank PLC & Ors [2020] EWCh 3135 (Ch)) (Lloyds 3). This covers the duty of pension scheme trustees to equalise past transfers out…
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