Pension Protection Fund compensation cap 'must be disapplied' - DWP's appeal dismissed
In a judgement handed down today, the appeal by the UK Government over the lawfulness of a cap on Pension Protection Fund compensation was dismissed. This means that the cap must be removed for affected members.
On Twitter, a post by the @PPF, Pension Protection Fund, read: “The Court of Appeal has now published the outcome of the Hughes judicial review and supported our approach for increasing payments to PPF & FAS members.
“It’s also confirmed that the PPF compensation cap must be disapplied.”
The post also directed Twitter users to more information on the PPF website.
“The Court of Appeal has supported our approach for increasing payments to PPF and FAS members following the 2018 European Court of Justice judgment in the Hampshire case,” it read.
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