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.
Introduction Building on the DWP’s June consultation on new conditions for releasing surplus from an ongoing DB scheme, on 13 July 2026, HMRC published draft legislation (together with a policy paper) designed to introduce new...
Introduction Setting out a “detailed proposed approach” to VFM, the DWP published a consultation on 13 July 2026, along with draft regulations and draft FCA rules. Click here for a PDF of this Alert. In this Alert Key points Background...
Introduction On 10 June 2026, the DWP published a consultation on the draft Occupational Pension Schemes (Payments to Employer) Regulations 2027 (“the Regulations”), as well as an illustrative surplus journey highlighting the typical...
Introduction Setting out “targeted measures to address the risk of fraud”, on 9 June 2026 the DWP published a consultation on proposals to amend the Occupational and Personal Pension Schemes (Conditions for Transfers) Regulations 2021...
Introduction TPR’s latest annual funding statement (“AFS”) and the accompanying analysis were published on 6 May 2026. In a repeat of last year, with most schemes now in surplus, TPR expects trustees in this tranche (see below) to be...
Introduction The Pension Schemes Act 2026 (“the PSA26”) has received Royal Assent and will introduce a package of measures which are intended to modernise the pensions system, drive economic growth and improve retirement security....
Introduction The National Insurance Contributions (Employer Pensions Contributions) Act 2026 has today received Royal Assent. As announced at the Autumn Budget 2025, it lays the groundwork for a new cap on the tax concessions available on...
Introduction The Finance Act 2026 received Royal Assent on 18 March 2026, containing provisions to change the IHT treatment of unused pension funds and death benefits from 6 April 2027. Click here for a PDF of this Alert. In this Alert Key...
