What We Think
A stronger Pensions Regulator: Government responseCamilla Barry, Stacey Yon 14 Feb 2019
The Government has considered responses and has moderated its proposals, but will proceed with a new criminal offence for “wilful or reckless behaviour in relation to a pension scheme” and a declaration of intent for material corporate transactions.
GMP equalisation – after 28 yearsCamilla Barry, Stacey Yon 20 Nov 2018
On 26 October 2018 the High Court handed down judgment in a case about guaranteed minimum pension (“GMP”) equalization brought by the Lloyds Banking Group and three of its defined benefit schemes, Lloyds Banking Group Pensions Trustees Limited and Lloyds Bank Plc et al.