NEWS   |    November 16, 2015

Anne-Marie Winton comments in Pensions Expert re Northumbria Police pays out £250k to compensate pension loss

Trustees should keep their distance from members’ employer disputes, lawyers have said, after Northumbria Police was required to pay out more than £250,000 for discrimination and pension loss, but others argue open communication is critical.

Anne-Marie said in situations where individuals were negotiating loss of earnings with an employer, it was often best for schemes not to get involved.
“The risk here is that trustees shouldn’t be dragged into an argument that’s not theirs to have. There’s nothing in law that tells trustees to go any further than [providing] a cash equivalent transfer value.”

Anne-Marie added that in most compensation cases individuals and the employer would do a deal rather than go to court.
“When I was investigating this, it seems a figure is happened upon, but it’s a bit of horse trading,” she said. “Most will settle rather than take it to court.”

Read the original article in Pensions Expert here.

The views in this article are intended for general information purposes only and should not be used as a substitute for professional advice. Arc Pensions Law and the author(s) are not responsible for any direct or indirect result arising from any reliance placed on content, including any loss, and exclude liability to the full extent. Always seek appropriate legal advice from a suitably qualified lawyer before taking, or avoiding taking, any action. If you have any questions on the points raised in the above, please do not hesitate to get in touch.

Related News