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

Better workplace pensions: further measures for savers

Introduction On 27 March 2014, the DWP issued a command paper (the “Paper”) proposing a range of measures aimed at improving the quality of workplace DC pension schemes.  The measures are driven by the large numbers of members now...

Benefits for same sex spouses

Introduction The first marriages for same sex couples took place just after midnight last Saturday (29 March 2014).  For pension schemes this means that from now on, following the death of a member who was married under the Marriage (Same...

Pensions back on the EU agenda

Introduction The morning after the night before (the much publicised Farage/Clegg debate on Europe), the European Commission published a proposal for a new Occupational Pension Funds Directive with somewhat less fanfare. Long awaited,...

31/03/2014: 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: The FAS (Qualifying Pension Scheme...

Individual Protection 2014

Introduction The standard LTA will reduce from £1.5 million to £1.25 million on 6 April 2014.  To assist individuals who have built up pension savings based on the current LTA, protection from the LTA charge is available in the form of...

Budget changes for pensions: What’s happening on 27 March 2014?

Introduction Certain changes are being introduced with effect from 27 March 2014 to give greater flexibility for both DB and DC members now ahead of more radical changes from April 2015. The 2015 changes to the rules on the use of...

PPF Risk Based Levy changes – move to Experian

Introduction On 20 March 2014, the PPF issued an announcement giving information about its move to replace D&B with Experian as its insolvency risk provider and explaining what schemes can do to prepare. In this Alert: Key points  PPF...