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

GDPR – one year on

Introduction 25 May 2018 was the dawn of a new era in the protection of personal data, with the GDPR building on and extending existing data protection provisions to create a regime “fit for the digital age”. As the ICO said at the...

GMP equalisation – DWP guidance published on using conversion legislation

Introduction Just in time for Easter, the Government has published its long awaited guidance on using the GMP conversion legislation to help crack the GMP equalisation conundrum. The culmination of work carried out by the DWP’s industry...

Collective DC Schemes get the go-ahead

Introduction The DWP published its response to consultation on “Delivering collective defined contribution schemes” on 18 March 2019. This gives the green light for a particular model of trust-based, collective defined contribution...

Key pension dates and deadlines 2019 – are you ready?

Introduction Whilst all was quiet on yesterday’s spring statement front, and uncertainty remains on what will become of Brexit by the end of March, April as usual heralds a number of changes for pensions. Click here for a PDF of this...

2019 funding statement – TPR’s long-term funding focus

Introduction Picking up the baton from last year’s DB White Paper, TPR’s annual funding statement (published on 5 March 2019, and running to 22 pages) includes a specific focus on long-term funding targets. The summary of key messages...

A stronger Pensions Regulator – the Government responds

Introduction On 11 February 2019, the Government published a response to its consultation on bolstering TPR’s powers which it believes will help TPR “to meet [its] ambition to be ‘clearer, quicker, and tougher’”. Click here for a...

The 2019/20 PPF levy determination

Introduction On 12 December 2018, the PPF published its final levy rules for the 2019/20 levy year. Click here for a PDF of this Alert. In this Alert Key points Commercial consolidators GMP equalisation and insolvency risk scores...

DWP consults on DB consolidation vehicles

On 7 December 2018, the DWP published its latest consultation promised by this year’s White Paper (see our Alert), setting out its proposals for a new legislative framework for authorising and regulating DB “superfund” consolidation...

Consultation: delivering CDC schemes

Introduction On 6 November 2018, the DWP published its consultation on “Delivering collective defined contribution pension schemes”. Click here for a PDF of this Alert. In this Alert Key points History of CDC What is a CDC scheme? New...