30 November 2017: Around 95 LBG colleagues impacted by TUPE transfer to JLT
Lloyds Banking Group has announced its plans to transfer around 95 permanent colleagues from its insurance & wealth customer delivery business area to JLT on 30 April 2018.
JLT is the largest provider of pensions administration services for the private sector and the largest provider of pension software in the UK.
Accord has been in confidential talks with the bank about how members’ interests can be protected in line with the Security of Employment agreements between Accord and LBG and the Transfer of Undertakings (Protection of Employment) Regulations (known as TUPE).
Accord’s assistant general secretary, Jim Fielding, said:
“As things stand, we’re not comfortable that the terms proposed are reasonable and we want to know what our members views and concerns are.
We’re experienced in dealing with TUPE transfers and will work hard to protect our members’ best interests going forwards.
We’ve got more meetings in December 2017 and into 2018 and will update the members impacted by the announcement as things move forward. We’ll do our best to ensure the transfer goes as smoothly as possible.”
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