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

DC briefing – March 2021

The DC briefing (PDF) highlights topical news on DC pensions from a legal viewpoint. In this briefing: Pension Schemes Act 2021 and DC schemes Costs and charges update Chair’s annual statement review Transfers from property funds 2021 at...

Budget Day 2021

Introduction Rishi Sunak delivered his much trailed second Budget today. Much of his focus was of course on helping the economy bounce back in these “unprecedented” times, by protecting jobs and livelihoods. Measures designed to...

PASA publishes GMP equalisation tax guidance

Introduction The latest addition to PASA’s suite of GMP equalisation guidance notes was published yesterday, the highly anticipated tax guidance (“the Guidance”). Click here for a PDF of this Alert. In this Alert Key points...

Pension Schemes Act 2021 – the dawn of a new regulatory era?

Introduction Several years in the making, the Pension Schemes Act (“the Act”) finally received Royal Assent on 11 February 2021. Key elements of the new Act include beefing up TPR’s powers, changes in relation to scheme funding, and...

Quarterly briefing – March 2021

Contents The Sackers Quarterly Briefing Q1 2021 highlights significant developments in pensions, covering key areas such as pensions reform, regulatory developments, new legislation and cases. Current legal agenda Pension Schemes Act 2021...

Finance & investment briefing – March 2021

Our Finance & investment briefing (PDF) takes a look at current issues of interest to pension scheme investors. In this briefing: Brexit and pension scheme investment Legal update Derisking update Derisking facts &...

The 2021/22 PPF Levy Determination

Introduction On 26 January 2021, the PPF published its final levy rules for the 2021/22 levy year. Click here for a PDF of this Alert. In this Alert Key points Brexit – overseas guarantors Other changes COVID-19 The Corporate Insolvency...

Consultation on climate change regulations and guidance

Introduction On 27 January 2021, the DWP published its response to the August 2020 consultation, “Taking action on climate risk: improving governance and reporting by Occupational Pension Schemes” (see our Alert), together with a...

DC Hot topic: Solutions for small pots

The Government is “determined” to address the growth in the number of deferred small pots (of less than £1,000) and the impact this has on the consumer. In December 2020, the Small Pots Working Group Report (“the Report”) set out...