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

The Pension Schemes Act 2026 receives Royal Assent

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....

Bill to cap pensions salary sacrifice tax concessions receives Royal Assent

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...

Finance Act 2026 paves the way for pensions IHT changes

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...

Joint consultation on detailed rules for new VFM Framework

Introduction Intended to “support a significant shift in the way the workplace pensions industry operates and competes”, on 8 January 2026 the FCA, the DWP and TPR published a joint consultation on detailed proposals for the new value...

TPR consults on revised CDC code of practice

Introduction Delivering a slightly early Christmas present to the pensions industry, TPR today published its consultation on a revised draft code of practice for unconnected multi-employer CDC schemes. The consultation closes on 13...

DWP publishes consultation on trustees and governance

Introduction Building on its 2023 call for evidence, the DWP has today published a consultation on trustees and governance in trust-based pension schemes. Click here for a PDF of this Alert. In this Alert Key points Background Good...

TPR publishes new administration guidance

Introduction Describing it as a “pivotal moment” for the industry, where the role of administrators has “never been more important”, TPR today published revised guidance to help schemes ensure high-quality administration and to...

Autumn Budget 2025

Introduction The Chancellor, Rachel Reeves, delivered the Government’s Autumn Budget today. Among several pensions-related developments, rumoured changes to salary sacrifice have been confirmed, but not until 6 April 2029. Whilst...