News

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

Sackers advises IBM I.T. Solutions Pension Scheme on £700m buy-in

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 for the I Plan while ensuring members continue to receive their benefits as before. The transaction completed in November 2025. […]

Sackers responds to TPR consultation on extending the CDC code of practice

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...

Sackers survey reveals divided confidence among industry professionals on Value for Money consultation

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...

Sackers advises on £240m buy-in for KLM UK Pension Scheme

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...

Pensions reform: the role of superfunds in enhancing DB endgame options

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,...

Sackers publishes 2025 risk transfer highlights

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...

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Sackers advises Japanese bank’s UK pension scheme on £24m buy-in

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...

Sam Taylor explores guided retirement in Corporate Adviser

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...

Sackers announces new hire in project management team

Sackers announces the appointment of John Card as a project manager, joining its established project management team. Card has extensive DB pensions and project experience...