![]() |
Pensions lawyer Anna Rogers, Senior Partner at ARC Pensions Law commented on the news that Lloyds has launched a joint bid with pension trustees and unions to equalise GMPs, |
"The case is about whether benefits have to be increased to account for gender difference arising from unequal GMPs. GMPs themselves were created by statute to replace the earnings related part of the State pension, and both are payable to men at 65 and women at 60. Whether 60 or 65 is better depends on the circumstances, but broadly the discrimination is against men, not women. The case isn’t a bid to equalise - Lloyds can do that if they want - it is to ask the Court to give a clear ruling on what has to be done.
Employers generally don’t want to spend more unless they have to. The trustees will be neutral, and those members who stand to gain will be happy to see an increase in benefit." |
|
|
|
Actuarial Manager - Life Consultancy | ||
Various locations - Negotiable |
Specialty Pricing Expert - Cyber | ||
London, 4dpw in the office - Negotiable |
Lead Personal Lines Analyst | ||
London / South Coast / hybrid - Negotiable |
Strategic Pricing | ||
London / Hybrid - Negotiable |
Senior Pricing Analyst - Personal Lines | ||
South Coast / hybrid - Negotiable |
Business Development in Investment | ||
London / hybrid (3 dpw office-based) - Negotiable |
Financial Lines Pricing Manager | ||
London / hybrid - Negotiable |
Commercial Lines Pricing | ||
London / South Coast - Negotiable |
Head of Portfolio Management | ||
London - £200,000 Per Annum |
Investment Actuary – Manager Level | ||
Flex / hybrid - Negotiable |
Head of Actuarial Reporting (Life) | ||
South East / hybrid 3dpw office-based - Negotiable |
CONTRACT: London Market Capital Actuary | ||
London/hybrid 2-3dpw office-based - Negotiable |
Portfolio Manager | ||
Hybrid - Negotiable |
Pricing Assurance Manager | ||
London - £145,000 Per Annum |
Actuarial Director with BD and CatMod... | ||
London/hybrid 2-3dpw office-based - Negotiable |
Pensions data expert: buy-out/residua... | ||
Any UK Office location / Hybrid 2dpw office-based - Negotiable |
Senior Portfolio Manager | ||
London - £150,000 Per Annum |
Senior Pensions Trustee Actuarial Con... | ||
London / hybrid 3 dpw office-based - Negotiable |
Shape the future of the pensions in... | ||
UK Flex / hybrid 2dpw office-based - Negotiable |
Challenge the pensions industry! | ||
UK Flex / hybrid 2dpw office-based - Negotiable |
Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.