Insights / News

Webcast invitation: Equalising for the effect of unequal GMPs: Lloyds 2 – transfers

We are delighted to invite you to a webcast about the recent Lloyds Judgment on Wednesday 9th December. Hear from Andrew Short QC, Richard Hitchcock QC and Nick Hill,  experts from our Pensions Team and counsel instructed on the case.

As you will be aware, in 2018 the first Lloyds Judgment confirmed that pension schemes had to equalise excess benefits for the effect of unequal GMPs. It did not however address the position of trustees of pension schemes where a member had transferred out and the trustees had made a transfer payment. On 20th November 2020, Judgment concerning the position of trustees following on a transfer payment was handed down. The consequences of this Judgment for pension schemes are far reaching and significant. Andrew Short QC and Nicholas Hill acted for the Representative Beneficiaries in 2018 and for the Representative Defendant in 2020.

Webcast

We would like to invite you to a Zoom webcast on Wednesday 9th December where Andrew Short QC, Richard Hitchcock QC and Nick Hill will discuss this case and the Judgment in detail. Please register for the webcast here.

For a copy of the event slides please click here.

Find out more

Find out more about Outer Temple’s Pensions practice on our expertise pages.

Events 25 Nov, 2020

Authors

Andrew Short KC

Call: 1990 Silk: 2010

Richard Hitchcock KC

Call: 1990 Silk: 2014

Nicholas Hill

Call: 2008

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