News

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

Master trust agenda – Q2 2021

Welcome to our new quarterly bulletin about current and future developments affecting master trusts, setting out key items to consider for inclusion on your trustee agenda. Master trust agenda – Q2...

DC Hot topic: Solutions for small pots

The Government is “determined” to address the growth in the number of deferred small pots (of less than £1,000) and the impact this has on the consumer. In December 2020, the Small Pots Working Group Report (“the Report”) set out...

DB Hot topic: DB superfunds – what trustees need to know

In recent years there has been a lot of discussion about consolidation of DB pension schemes. Drivers for consolidation include improving security of member benefits reducing the cost of running DB schemes, and managing governance and risk...

Hot topic: Are DC schemes really “no strings attached” for employers?

For many employers, the attraction of a DC scheme is that their responsibility starts and ends with making the right contributions. This is particularly the case where the employer uses a group personal pension (“GPP”) or a master...

Hot topic: Furloughing – pension contributions and salary sacrifice

Introduction On 17 April 2020, TPR published DC pension contributions: COVID-19 technical guidance for large employers (“the Guidance”). This was updated on 15 June to reflect changes to the Coronavirus Job Retention Scheme’s (“the...

Hot topic: Coronavirus – furlough and automatic enrolment

HMRC’s guidance on its Coronavirus Job Retention Scheme (“the CJRS”) has been updated at various stages to reflect changes to the scheme’s conditions, duration and levels of grant (see “The CJRS – in brief” below)....

Hot topic: Annual funding statement 2020 – what employers need to know

Introduction TPR’s annual funding statement (published on 30 April 2020) acknowledges that these are very challenging times for many businesses (see our Alert). Employers will be relieved to see an emphasis on trustees and employers...