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.
The Trustee IBM I.T. Solutions Pension Scheme has completed a £700m buy-in with Standard Life, securing the long‑term benefits of more than 3,600 pensioner and deferred members. The transaction removes future funding and investment risk...
TPR has proposed updates to its CDC code so that it will cover both single-employer CDC schemes and the new unconnected multi-employer CDC schemes from 31 July 2026. We welcome TPR’s approach to creating a single, comprehensive CDC code...
Sackers announces the results of a recent webinar survey* examining industry views on the proposed new Value for Money (VFM) framework for workplace Defined Contribution (DC) pensions which was launched jointly last month by government and...
The KLM UK Pension Scheme sponsored by KLM Royal Dutch Airlines, has completed a buy-in with Rothesay for £240m. The transaction, which completed in December 2025, protects the pensions of the remaining 1,852 members whose policies were...
The Pension Schemes Bill 2025 marks a significant shift in the DB endgame landscape, introducing a statutory regime for DB superfunds and bringing greater clarity, governance and flexibility for trustees planning their endgame strategy. In...
In 2025, we advised on 21 risk transfer transactions totalling over £5.8bn. This included two transactions exceeding £1bn, three using L&G Flow, and a complex seller’s due diligence report for a large scheme. We continue to be...
The UK pension scheme of an unspecified Japanese bank has completed a £24m full buy-in with Just Group, securing the benefits of the scheme’s approximately 160 members. The scheme is sponsored by one of Japan’s largest financial...
Sam Taylor, senior associate highlights the need for more information on how guided retirement defaults will interact with targeted support requirements. Read the full article in Corporate...
