PPF compensation cap may not comply with EU law, says Court of Appeal

Stephanie Baxter
clock • 3 min read

The Pension Protection Fund's (PPF) compensation cap and restrictions on annual indexation increases could be at odds with EU law, according to a provisional judgement by the Court of Appeal.

The court's 28 July judgement on Grenville Holden Hampshire vs. The Board of the Pension Protection Fund said these provisions under the Pensions Act 2004 which can result in compensation below 50%...

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