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

HMRC releases GMP equalisation tax guidance

Introduction On 20 February 2020, HMRC released long-awaited guidance (“the Guidance”) on some of the pensions tax issues arising when equalising benefits for the effect of GMPs. The Guidance focuses specifically on the so-called...

Finance & investment briefing – March 2020

Our Finance & investment briefing takes a look at current issues of interest to pension scheme investors. In this issue, we are pleased to present an overview of our involvement in the ever increasing buy-in / buy-out market. Over the...

Quarterly briefing – March 2020

Contents The Sackers Quarterly Briefing Q1 2020 highlights significant developments in pensions, covering key areas such as pensions reform, regulatory developments, new legislation and cases. Current legal agenda Spotlights Pension...

TPR publishes response on the future of trusteeship and governance

Introduction On 10 February 2020, TPR published its response to its consultation on the future of trusteeship and governance. Most notably, TPR will not require pension scheme boards to engage a professional trustee. Instead, it will...

Master trust briefing – January 2020

Our Master trust briefing (PDF) highlights key issues and developments for the sponsors and trustees of master trusts. In this briefing: Supervision – next steps for TPR Preparing for the supervisory return Key actions on supervision...

The Pension Schemes Bill returns

Introduction Originally published in October (see our Alert), the Pension Schemes Bill (“the Bill”) has been reintroduced to Parliament. The Bill is in substantially the same form as the October version (which fell as a result of the...

The 2020/21 PPF Levy Determination

Introduction On 16 December 2019, the PPF published its final levy rules for the 2020/21 levy year. Click here for a PDF of this Alert. In this Alert Key points Addressing the impact of GMP equalisation Type A contingent assets –...