Stephenson Harwood Pensions Podcast

GMP equalisation – an answer to a thirty-year-old question?

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Synopsis

For many years, the pensions industry has deliberated whether guaranteed minimum pensions had to be equalised between male and female members and, if so, how. In the latest edition of our pensions podcast series, the team considers the recent Lloyds Banking Group judgment, which confirms that equalisation must be carried out - but the issue remains complex, with many unanswered questions.