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.
New powers under the Pension Schemes Bill will provide DB scheme trustees with greater flexibility “to safely release surplus” so as “to support employers’ investment plans and to benefit scheme members”. In this hot topic, we...
The latest draft of the Pension Schemes Bill includes provisions aimed at addressing issues arising from the Virgin Media case. In this hot topic, we look at the proposals and set out some possible areas for action. Read our hot topic...
The Government’s aim for the future of workplace DC schemes is “fewer, bigger, better run schemes” that can “deliver better returns” and “boost investment in the UK”. In this hot topic, we look at how the Pension Schemes Bill...
The Government has unveiled proposals aimed at making it easier for individuals to keep track of and consolidate their pension savings. In this hot topic, we look at the key aspects of the proposed multiple consolidator system and the...
The first cohort of schemes are due to connect to the dashboards ecosystem by 30 April 2025. Other schemes will then have to follow soon after, in line with a staged timetable set out in the DWP’s connection guidance, ahead of the...
The Economic Crime and Corporate Transparency Act 2023 introduces reforms to the corporate registration framework in the UK. This includes new requirements for company directors and other individuals to verify their identity. In this Hot...
On 28 January 2025, HM Treasury announced plans to lift restrictions on how well-funded, occupational DB schemes that are “performing well” will be able to invest their surplus funds. A response to the DWP’s February 2024...
There is currently no statutory resolution framework for UK insurers, similar to the UK framework for banks. HM Treasury is therefore increasingly concerned that existing processes available to assist struggling insurers are insufficient...
Building on “significant appetite from industry”, the DWP has published a consultation on extending the CDC framework to enable whole-life unconnected multiple employer CDC schemes, including master trusts. This Hot Topic sets...
