Legal Podcast
Episode 10: GMP Equalisation: Implications for Trustees
Alison Hills and Justin McGilloway from our Pensions and Employee Benefits team provide a brief summary of the law surrounding equalisation of unequal male and female pension benefits and the key issues for Trustees arising from the recent Lloyds judgment regarding the requirement to equalise Guaranteed Minimum Pensions (relevant for occupational pension schemes which were contracted-out of the state second pension).