ECJ ruling could see higher PPF levies - papers 14th July

Although according to The Times, in the same statement, the court dealt a blow to campaigners who had hoped that the EU would order the Government to pay compensation to workers who lost their pensions when their employer went bust. Nicholas Heaton, a pensions lawyer at Lovells, the law firm, described the announcement by the ECJ’s advocate general as a hollow victory for the claimants, but said that it might also prove costly for the Government. He is quoted as saying: “Even if the Government does escape paying compensation in this case, it may have to increase the protection given t...