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

Spring Budget 2024 and beyond

Introduction The Chancellor, Jeremy Hunt, delivered his Spring Budget 2024 today. Following last year’s announcements of major pensions tax changes, the pensions news this year centres on long-term growth and the further evolution of the...

DB funding – TPR consults on statement of strategy

Introduction TPR today published a consultation on the statement of strategy (the “Statement”) that DB trustees will need to submit as part of planning and managing their scheme’s funding.  It forms part of a wider package of...

7 Days – 4 March 2024

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 Further pension fund reforms announced...

Hot Topic: Pensions tax – getting ready for LTA-Day – February 2024

The Finance Act 2024 paves the way for the LTA’s demise from 6 April 2024. But this brings with it a number of complications, the key one being where to draw the dividing line between tax-free lump sums and taxed lump sums. This Hot...

Advice Guidance Boundary Review – proposals for closing the advice gap

Background On 8 December 2023, the FCA and HMT published a policy paper on the advice guidance boundary, with initial proposals to change the way financial advice and support are delivered to consumers. It aims to help develop a regulatory...

Consultation on options for DB schemes

Introduction On 23 February 2024, the DWP published a consultation seeking views on proposals to make it easier to make payments from DB scheme surplus to sponsors and scheme members and a model for a public sector DB consolidator run by...

7 Days – 26 February 2024

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 Finance Act 2024 receives Royal Assent...