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 High Court decides – how to solve a problem like GMP equalisation

Introduction The High Court handed down its highly anticipated decision in Lloyds Banking Group Pensions Trustees Ltd v Lloyds Bank plc and others on 26 October 2018, concluding that benefits do need to be equalised for the effect of GMPs....

IORP II – green light for good governance

Introduction On 23 October 2018, the DWP published two sets of regulations designed to implement the second European Pensions Directive (“IORP II”) – the Occupational Pension Schemes (Governance) (Amendment) Regulations 2018 (“the...

The 2019/20 PPF levy consultation

Introduction The PPF has published a consultation and draft levy rules which set out the basis on which it intends to charge the pension protection levy for the 2019/20 levy year. Click here for a PDF of this Alert. In this Alert Key...

Government response: clarifying and strengthening trustees’ investment duties

Introduction On 11 September 2018, the DWP published a response to the consultation on changes to the Occupational Pension Schemes (Investment) Regulations 2005 (the “2005 Regulations”) together with a final version of the regulations,...

Auto-enrolment – minimum contribution increases from 6 April 2019

Introduction For DC pension schemes being used to meet an employer’s automatic enrolment requirements, both minimum employer and overall contribution rates are set to rise from 6 April 2019. This is the second successive annual increase...

Protecting DB pension schemes – A Stronger Pensions Regulator

Introduction On 26 June 2018, the DWP published the first of the consultations promised by this year’s White Paper (see our Alert), “Protecting [DB] pension schemes – a stronger Pensions Regulator”. Click here for a PDF of this...

Consultation on clarifying and strengthening trustees’ investment duties

Introduction On 18 June 2018, the DWP published a consultation to seek views on changes to the Occupational Pension Schemes (Investment) Regulations 2005 (“the Investment Regulations”) which are aimed at “clarifying and...

GDPR – a new era dawns

Introduction The GDPR is in force from today, 25 May 2018. Aimed at creating a regulatory regime fit for the digital age, the GDPR builds on existing data protection provisions, many of which will feel familiar. However, there are a number...

Protecting DB Pension Schemes – the Government’s White Paper

Introduction “Protecting Defined Benefit Pension Schemes”, the DWP’s long-awaited follow-up to its 2017 Green Paper on DB private sector pensions, was published on 19 March 2018. Click here for a PDF of this Alert. In this Alert Key...