Adjudicator is studying judgment on late-payment interest on arrear contributions
There is a view that the High Court’s judgment means the in duplum rule does not apply to section 13A(7) interest.
Conventional wisdom says that living expenses rise uniformly with inflation, so many financial plans are based simply on that. But analysing the spending patterns of retirees shows us that the data tells a different story.
Read moreThere is a view that the High Court’s judgment means the in duplum rule does not apply to section 13A(7) interest.
Two-thirds of disputes were settled in favour of consumers.
What you should know about reporting, calculating penalty interest, the in duplum rule, and the employer’s liability.