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

Pensions Act 2014

Introduction The Pensions Act 2014 (“the Act”) received Royal Assent on 14 May 2014.  While its main purpose is to implement the new single tier State pension, it also contains several key measures for occupational pension...

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: Pensions Act 2014 receives Royal Assent...

New collateral rule for OTC derivatives with potentially far reaching consequences for pension schemes

Introduction The European Regulators, ESMA, EBA, and EIOPA, are consulting on the draft Regulatory Technical Standards (RTS) on risk mitigation techniques for over the counter derivative contracts (OTCs) not cleared by central...

Sackers’ Response to Better workplace pensions: Further measures for pension savers

In this response: Background Respondent information General comments Administration Master trusts Trust-based governance Transparency Background The DWP’s command paper published on 27 March 2014 proposes a range of measures aimed at...

Consultation on draft regulations relating to the abolition of DB contracting-out

Introduction On 8 May 2014, the DWP issued a consultation asking for views on proposed legislative changes which follow on from the abolition of DB contracting-out, together with draft regulations. In this Alert: Key points ...

12/05/2014: 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: David Fairs elected to be the new...

Final regulations on reclassifying DC benefits

Introduction The DWP has published final Regulations following the October 2013consultation on reclassifying DC benefits in the wake of the Bridge Trustees case.  The Supreme Court’s July 2011 decision in Bridge...