Claimant v Veritas Asset Management LLP
Outcome
Individual claims
Tribunal found the Claimant did not establish that unfavourable treatment was because of something arising in consequence of disability. The bonus reduction was caused by the Claimant not performing significant work in 2022, not by the disability itself. Pay reduction was because of the need to trigger income protection insurance, not disability. Deletion of the role arose from the PEX report findings and was not caused by disability or disability-related absence.
Tribunal found the Claimant was not placed at substantial disadvantage by the selection process. He performed well in interviews without requesting breaks or indicating struggle. OH report confirmed he was fit to work and could concentrate for 60-90 minutes. The selection interviews were not the sole assessment — his past performance was considered. The adjustments sought (being automatically assigned the role, trial period) were not reasonable for a specialist, regulated, high-level role requiring extensive risk experience the Claimant lacked.
Tribunal found the Claimant's letter of 10 January 2023 was not a protected act: it did not allege breach of the Equality Act, just disappointment at bonus reduction. The 21 March 2023 meeting was accepted as a protected act. However, the Tribunal found no detriment was caused by protected acts. The reorganisation and role deletion predated or were independent of the protected acts. The Respondent genuinely wanted the Claimant to return but not to the specialist risk role, which was a genuine business decision.
Facts
The Claimant, a partner (not employee) at a global asset management firm, contracted Long Covid in October 2021 and was off sick with severe symptoms for an extended period. In late 2022 he was awarded a much reduced bonus (£10,000, later increased to £40,000) due to minimal work performed. In early 2023, his Head of Performance and Risk role was deleted following a restructure driven by an external review (PEX report) and the need to support his team. He was assessed for a new specialist risk role via interviews but not selected due to insufficient risk expertise. The Respondent offered alternative temporary roles which the Claimant refused. His partnership was terminated in September 2023.
Decision
The Tribunal dismissed all claims. The unfavourable treatment (bonus reduction, role deletion, non-selection for new role) was not because of something arising from disability but from legitimate business reasons (lack of work output, PEX report findings, lack of risk expertise). The Claimant was not placed at substantial disadvantage by the selection process — he performed well in interviews and OH confirmed fitness to work. Adjustments sought (automatic appointment, trial period) were unreasonable for a specialist regulated role. The January 2023 letter was not a protected act and no victimisation was established.
Practical note
Long Covid disability does not require automatic transfer to a new specialist role where the claimant lacks necessary skills, even for a long-serving employee; reasonable adjustments must address disability-related disadvantage, not compensate for lack of experience or skills unrelated to disability.
Legal authorities cited
Statutes
Case details
- Case number
- 2200523/2024
- Decision date
- 18 July 2025
- Hearing type
- full merits
- Hearing days
- 8
- Classification
- contested
Respondent
- Sector
- financial services
- Represented
- Yes
- Rep type
- barrister
Employment details
- Role
- Head of Performance and Risk
- Service
- 13 years
Claimant representation
- Represented
- Yes
- Rep type
- barrister