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

Webber v Department for Education – High Court, 8 July 2016

The judge found that the cut-off date, for limitation purposes, for the recovery of overpayments should be the date on which TPO received the scheme’s “Reply” to Mr Webber’s complaint. Background The Limitation Act 1980 provides...

Horton v Henry (Court of Appeal, April 2016)

The Court of Appeal has upheld the High Court’s decision, confirming that an application from a trustee in bankruptcy for access to a bankrupt’s pensions which were not yet in payment should be rejected. Background Income Payments...

PPF: Summary of benefits

The PPF provides compensation at two levels: 100% or 90%. Pension scheme members who are only entitled to receive 90% compensation are also subject to the compensation cap. If a pension scheme is eligible for PPF entry, the level of...

GMPs: Basics

Guaranteed Minimum Pensions (GMPs) were introduced from 6 April 1978 to allow occupational DB pension schemes to contract-out of the second tier of state pension provision (the State Second Pension). Schemes which were contracted-out on a...

Unauthorised payments

Since A-Day (6 April 2006) payments by registered occupational pension schemes are categorised as either authorised or unauthorised member or employer payments. As the FA04 does not list what unauthorised payments are, it sets out what...

Early leavers (DC): Basics

Members with “qualifying service” which begins on or after 1 October 2015 are only entitled to a refund of contributions if they leave with less than 30 days’ qualifying service. Those with 30 days’ or more...

Data protection essentials

The Data Protection Act 2018, which came into force on 25 May 2018, sets out the framework for data protection law in the UK. It sits alongside and supplements the UK GDPR (which came into effect on 1 January 2021). The UK GDPR sets out...