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Pensioner Latest News
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Date: 30th Aug 2007
The Trustees of the Lloyds TSB No 1 and No 2 Pension Funds had rejected LTU’s proposal to bring forward the next full actuarial valuation rather than waiting for it to be carried out next year. More Info >>
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Date: 19th Jun 2007
The Trustees have rejected LTU’s proposal to carry out the next full actuarial valuation now rather than in 2008 despite receiving almost 6000 signed petition postcards from pension scheme members. More Info >>
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Date: 1st Apr 2007
Ewan Brown, Chairman of the Lloyds TSB Group Pension Schemes No 1 and No 2 who is also Chairman of Lloyds TSB Scotland and a Non-Executive Director, has written an open letter to staff accusing LTU of making a number of misleading statements in respect of the funding of the pension schemes. More Info >>
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Date: 9th Mar 2007
In a letter to the Union Ewan Brown the Chairman of Trustee Directors for the No 1 and No 2 Pension Funds has confirmed that the Bank will be replacing Watson Wyatt with different actuarial advisers. More Info >>
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Date: 9th Mar 2007
LTU has said it has been concerned for some time about Scottish Widows (SWIP’s) continuing management of the Lloyds TSB Pension Funds despite the fact that they are a serial under-performer and has contended that this serial under-performance has gone unchecked because SWIP is part of the Lloyds TSB Group. More Info >>
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Date: 5th Mar 2007
As part of its campaign to persuade the Trustees of the No 1 and No 2 Pension Funds to bring forward the Scheme Valuation so that the size of the Group’s Pension Scheme deficit can be properly understood and decisions made about how best it might be eliminated LTU has asked members to write to the Board’s Chairman. More Info >>
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Date: 12th Feb 2007
LTU today responded to the accusation of scaremongering over the findings of the independent report it commissioned from leading actuaries Hymans Robertson into the state of the pension scheme deficit from Helen Weir, the Group Finance Director. More Info >>
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