Year: 2021

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

Master trust agenda – Q3 2021

This quarterly bulletin sets out current and future developments affecting master trusts, so you can check what should be on your agenda. Master trust agenda – Q3...

The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2021

Background The DWP is consulting on draft regulations and associated consequential changes that will implement the new authorisation and supervision regime for Collective Money Purchase schemes (“CMP”), commonly referred to as...

Finance & investment briefing – September 2021

Our Finance & investment briefing (PDF) takes a look at current issues of interest to pension scheme investors. In this briefing Bulk annuity contracts: thinking about risks in risk transfer Fiduciary management Legal...

PASA publishes GMP equalisation guidance on historical transfers

Introduction The latest addition to PASA’s suite of GMP equalisation guidance was published today (“the Guidance”).  Aimed at finding “a pragmatic approach to equalising historical transfers”, the Guidance builds on the High...

Quarterly briefing – September 2021

The Sackers Quarterly Briefing Q3 2021 highlights significant developments in pensions, covering key areas such as pensions reform, regulatory developments, new legislation and cases. In this briefing Hot topic: Pension Schemes Act 2021...

Future of the DC pension market: the case for greater consolidation

Background In September 2020, in the consultation Improving outcomes for members of defined contribution schemes, the government set out that while consolidation is, to some degree, already happening, the rate at which this is occurring is...

Increasing the NMPA

Introduction On 20 July 2021, the Government published a consultation on draft clauses for the Finance Bill 2021-22. Among these are clauses which will increase the normal minimum pension age (“NMPA”) for the purposes of pensions tax....

DWP Collective Money Purchase Schemes consultation

Introduction On 19 July 2021, the DWP published a consultation seeking views on the draft Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2021 (“the Regulations”) and associated consequential changes that...