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

Incentives code applies to certain trivial commutation exercises

Introduction In December 2014, the Incentive Exercise Monitoring Board Technical Group (the “Group”) published a note confirming that the Code of Practice on Incentive Exercises (the “Code”) applies to one-off trivial...

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: Trivial and small commutation exercises...

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: Taxation of Pensions Act 2014...

Technical changes to automatic enrolment

Introduction The DWP is consulting on technical changes to automatic enrolment with a view to further simplifying the automatic enrolment process and reducing the administrative burden on employers.  In particular, the DWP wants to ensure...

VAT on professional fees

Introduction The recoverability of VAT on professional fees paid in respect of occupational pension schemes has been in the spotlight recently. Following two CJEU cases, HMRC issued two Briefs revising its original position on VAT and...

Transfer Rights – Post-April 2015

Introduction Transfers are emerging as one of the key issues for members of both DB and DC schemes when accessing the flexibilities promised by George Osborne in the March 2014 budget. Anecdotally few occupational DC schemes are likely to...

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: Annual allowance and block transfers:...