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 Pensions Ombudsman has published its first determination of a case relating to “pension liberation” or “pension scams”. The case concerns an individual who was persuaded to transfer out of their employer’s pension scheme and...
In scope of the default fund charge cap on member-borne deductions. All member-borne deductions relating to scheme and investment administration paid to the pension provider or other third party Set-up fees Scheme-level entry fees; both on...
Each UK occupational pension scheme must comply with the cross-border provisions of the PA04 which transposed the requirements of the European Pensions Directive into UK law. The cross-border provisions were designed to protect members of...
The Supreme Court handed down its judgment in the joined cases of Futter v Futter and Pitt v Holt on 9 May 2013. These cases are important for the development of trusts law, including pensions. Background The facts of both cases...
This case gives the pensions industry long awaited guidance on the commercial application of the ECJ’s decisions in Beckmann and Martin regarding the transfer of early retirement benefits under the Transfer of Undertakings...
The Court of Appeal has confirmed that section 91 of the Pensions Act 1995 does not prohibit the compromise of a genuine dispute as to whether pension rights in a scheme exist. Background In November 2009, the High Court ruled that a...
The Trustee of the Ilford Pension Scheme (the Scheme) asked the High Court whether it was permissible to buy annuities for certain members of the Scheme before the Scheme entered the PPF. But the High Court concluded that the Scheme was...
