Type: Alerts

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

Expanding the availability of CDC schemes

Introduction With the intention of helping to “build a fairer pensions system that gives people confidence their hard-earned savings will last and they can enjoy their retirement”, the Government has published a package of documents...

Government presses ahead with plans to apply inheritance tax to unused pension funds and death benefits

Introduction Perhaps wishing to tidy up some loose ends before the summer break, HMRC has published a response to its recent consultation on IHT, alongside a policy paper and draft legislation. Download a PDF of this Alert. In this Alert...

The Pension Schemes Bill begins its Parliamentary journey

Introduction Following hot on the heels of last week’s three major pensions papers, the Pension Schemes Bill (“the Bill”) began its Parliamentary journey today. Designed to “transform the £2 trillion pensions landscape to ensure...

Government previews its pensions plans in three major papers

Introduction As part of the Government’s policy of having “fewer, bigger, better run schemes” that can “deliver better returns” and “boost investment in the UK”, three major pensions papers landed today. Alongside the highly...

TPR publishes annual funding statement 2025

Introduction TPR’s latest annual funding statement, along with the accompanying analysis, was published on 29 April 2025. With the majority of schemes now in surplus, TPR expects most schemes to shift their focus from deficit recovery to...

April 2025 and beyond

Introduction Several changes are on the horizon for pension schemes. A new Pension Schemes Bill is expected before the summer recess and the date for the first schemes to connect to the dashboards ecosystem is looming. Looking ahead,...

DB funding – TPR publishes covenant guidance

Introduction Hailed by TPR as the “last piece of the jigsaw to help schemes carry out valuations under the new DB funding code”, yesterday TPR published its revamped covenant guidance (“the Guidance”). Building on the detail in the...

Mansion House 2024: Government proposes pensions “megafunds”

Introduction The Chancellor, Rachel Reeves, delivered her first Mansion House speech on 14 November 2024. Following the avalanche of pensions reforms announced by former Chancellor Jeremy Hunt in 2023, this year’s speech confirmed plans...