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

The Government redefines its ambition

Introduction On 7 November 2013, the DWP unveiled its plans for “Reshaping workplace pensions for future generations”.  The consultation, which follows the DWP’s November 2012 paper on Reinvigorating workplace pensions (see...

04/11/2013: 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 Occupational and Personal Pension...

DC schemes: Sackers’ response to TPR’s compliance and enforcement policy consultation

Background TPR’s latest consultation sets out its proposed approach to compliance in relation to occupational DC trust-based schemes.  The draft policy outlines TPR’s expectations for compliance with relevant pensions legislation, as...

Reclassifying DC benefits following Bridge Trustees

Introduction The DWP has published a consultation paper on reclassifying DC benefitsfollowing the Bridge Trustees case. The Supreme Court’s July 2011 decision in the Bridge Trustees concluded that it was possible for certain...

Charges Cap Proposed for DC Schemes

Introduction The OFT’s market study published in September 2013 found that competition alone cannot be relied upon to drive value for money for all savers in DC workplace pensions, because of weakness on the buyer side of the market...

28/10/2013: 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: ACA Paper: call for later retirement...

2014/15 Pension Protection Levy Consultation: Sackers’ response

Background The PPF published its consultation on the 2014/15 Pension Protection Levy Determination on 5 September 2013.  The PPF’s intention is that the levy parameters are unchanged for 2014/15, meaning the total levy will be £695...