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

Life Cover Only Members

We have previously alerted you to the question of whether, following the implementation of the European Pensions Directive into UK legislation, it is possible for occupational pension schemes to continue to have life cover only members as...

Tax simplification – the sprint finish

With A-Day now just over a month away, is your scheme ready for the big push down the home straight? Have you made scheme changes or are you relying on the transitional tax provisions to take you through A-Day (6 April 2006) and beyond?...

Consultation! Consultation! – an update

With 2006 less than three weeks old, the production line of Pensions Act 2004 regulations has begun in earnest. From 6 April 2006, employers will have to consult with employees before certain changes (known as “listed changes”)...

Pensions Act 2004 – what’s on the 2006 menu?

With another year of changes ahead, we set out below a taster of some of the crucial ingredients of the Pensions Act 2004 which will come into force in 2006. Download...

PPF levies cometh

Following its October 2005 update, the PPF Board has finally published its proposals for assessing the risk-based levy. (The risk-based levy, which is relevant to all schemes potentially eligible for the PPF, will apply from financial year...

Investment – walking in a regulatory wonderland

With the prospect of seasonal cheer less than 10 days away, the pensions industry is expecting several sets of regulations to come into force when all is quiet on 30 December 2005. Here we consider some of the key points for pension...

Scheme Funding – the nightmare before Christmas (!)

Whilst the scheme funding process is contained in the Pensions Act 2004, much of the detail was left to Regulations and to a Code of Practice to be issued by the Pensions Regulator. After a number of delays, the final Scheme Funding...