PPF compensation cap deemed age discriminatory

By High Court

clock • 2 min read

The compensation caps applied by the Pension Protection Fund (PPF) have been deemed age discriminatory by the High Court in another slap down of the lifeboat regime.

A judicial review of the policy declared that applying the compensation cap for those under normal pension age "gave rise to unlawful discrimination on the grounds of age". In a summary of the judgment, the High Court said Mr Justice Lewis held that differential treatment between those above and below normal pension age was "not objectively justifiable". The case follows a claim by 25 claimants from the four pension schemes of BMI, Monarch, Heath Lambert Group, and Turner & Newall. The consequence is that benefits will likely be lifted. In one example, Mr Hughes had seen a 75% redu...

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