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

Pension transfers and early exit charges: consultation response

Introduction On 10 February 2016, the Government published a response to its consultation on options to address possible barriers to people switching their pensions to access the new DC freedoms. For a PDF version of this Alert please...

7 days

7 Days is a weekly round up of developments in pensions, normally published on Monday afternoons. We collate this information from key industry sources, such as the DWP, HMRC and TPR. In this 7 Days Automatic enrolment thresholds for...

Pensions tax: bridging pensions

Background Legislation to be introduced in the Finance Bill 2016 is set to include consequential changes to ensure that, following the introduction of the new single tier State Pension from 6 April 2016, the tax rules on bridging pensions...

7 days

7 Days is a weekly round up of developments in pensions, normally published on Monday afternoons. We collate this information from key industry sources, such as the DWP, HMRC and TPR. In this 7 Days Automatic enrolment: consultation on...

Revised Code of Practice on Incentive Exercises

Introduction On 1 February 2016, the Incentive Exercises Monitoring Board (“IEMB”) published version 2 of the Code of Good Practice on Incentive Exercises (“Version 2”). For a PDF version of this Alert please click here. In this...

Draft code of practice no.13: Governance and administration of occupational defined contribution trust-based schemes

Background On 24 November 2015, TPR issued a consultation on a revised Code of Practice on the governance and administration of occupational DC trust based schemes. The purpose of the Draft Code is to “set out the standards of conduct...

Banning member-borne commission in occupational pension schemes

Introduction On 26 January 2016, the DWP published its response to the consultation, “Better workplace pensions: Banning member-borne commission in occupational pension schemes”.  The response includes a further consultation on the...