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

PPF levy concessions announced

Following representations from the pensions industry, the Board of the Pension Protection Fund (PPF) has announced concessions to its proposed approach for assessing the risk-based levy. (The risk-based levy, which is relevant to all...

The changing face of section 67

From 6 April 2006, section 67 takes on a whole new look. Employers and trustees of occupational pension schemes contemplating changes will potentially have to surmount several hurdles in pursuit of safeguarding members’ rights. A...

Cross border schemes

The Pensions Act 2004 transposed the cross border requirements of the European Pensions Directive into UK law. The Department for Work and Pensions (DWP) has now published for consultation draft Regulations which detail the exact...

Disclosure of information – consultation published

Back with a vengence after the summer break, two separate (but complementary) consultations were published on 9 September 2005 by the Department for Work and Pensions (DWP) and the Pensions Regulator (TPR) respectively. In its...

Are your internal controls sound?

Legislation due to come into force later this year will impose specific obligations on trustees to have sound administrative procedures and effective internal control mechanisms in place. The force behind the new requirements is the EU...

Exiting ongoing schemes – the employer debt rises

The Occupational Pension Schemes (Employer Debt etc) (Amendment) Regulations 2005 were finally published on 18 August and come into force on 2 September 2005. Download...

Class actions – are pension schemes missing out?

It has recently been reported that British institutional investors, custodians and pension funds who have direct holdings of US shares are failing to collect settlements from US securities class action worth a total of £4.7bn. This raises...