Year: 2020

Find out what’s happening at Sackers. Our News section provides information about recent work, press comment and media coverage, and what our people are doing.

Latest News

Coronavirus – furlough and automatic enrolment

HMRC’s guidance on its Coronavirus Job Retention Scheme (“the CJRS”) has been updated at various stages to reflect changes to the scheme’s conditions, duration and levels of grant (see “The CJRS – in brief” below)....

New interim regulatory regime for Superfunds

Introduction On 18 June 2020, TPR launched a new interim regulatory regime for DB consolidator superfunds (and other new models), pending the establishment of a full legislative framework. The new guidance, which came into effect...

Pensions & investment litigation briefing – June 2020

The Pensions & Investment Litigation Briefing (PDF) reviews recent case law and examines the practical lessons for trustees and employers. In this briefing: Current climate round-up TPR 2020 – webinar highlights RPI-CPI...

Reminder! Changes to Investment disclosure and governance

Introduction Trustees of occupational pension schemes should be preparing for a second raft of changes to their statements of investment principles (“SIPs”) and the introduction of implementation statements. They must also ensure that...

Annual funding statement 2020 – what employers need to know

Introduction TPR’s annual funding statement (published on 30 April 2020) acknowledges that these are very challenging times for many businesses (see our Alert). Employers will be relieved to see an emphasis on trustees and employers...

Finance & investment briefing – June 2020

Our Finance & investment briefing (PDF) takes a look at current issues of interest to pension scheme investors. In this briefing: Covid-19: practical issues relating to investments TPR Guidance on Investments Cayman Islands –...

Quarterly briefing – June 2020

Contents The Sackers Quarterly Briefing Q2 2020 highlights significant developments in pensions, covering key areas such as pensions reform, regulatory developments, new legislation and cases. Current legal agenda Some key dates Spotlight...

2020 funding statement – trustees and employers must work together

Introduction Unsurprisingly, a key focus of TPR’s annual funding statement (published on 30 April 2020) is the current pandemic. The statement stresses the need for trustees and employers to work together to manage the impact of...

TPR issues guidance on communicating to members during COVID-19

Introduction On 29 April 2020, TPR published guidance on communicating to members during COVID-19. It is designed to help members avoid making hasty decisions during these uncertain times. Click here for a PDF of this alert. In this Alert...