Archives: Publications

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

Sackers checklist – GMP equalisation: The conversion process – the questions trustees need to ask – April 2022

Back in 2018, Mr Justice Morgan held in Lloyds No.1 that schemes are under a duty to equalise for the effect of GMPs. Two years later, with Mr Justice Morgan once again at the helm, the High Court concluded in Lloyds No.3 that, in certain...

HMRC publishes GMP equalisation guidance on historical transfers and conversion

Introduction On 6 April 2022, HMRC released further guidance on some of the pensions tax issues associated with equalising benefits for the effect of GMPs. The guidance focuses specifically on tax issues arising in respect of correcting...

Facilitating investment in illiquid assets by DC schemes

Introduction On 30 March 2022 the DWP published a consultation seeking views on proposals and draft regulations to improve the accessibility of illiquid assets for DC pension scheme investment. Click here for a PDF of this Alert. In this...

April 2022 and beyond – key dates for your diary

Introduction Whilst all was quiet for pensions in the Chancellor’s spring statement last week, April and the rest of 2022 heralds a number of changes for pension schemes. Where necessary, trustees and employers should seek advice on what...

DC briefing – March 2022

The DC briefing (PDF) highlights topical news on DC pensions from a legal viewpoint. In this briefing: DC agenda Pensions dashboards Delivering the Stronger Nudge to...

Pensions Dashboards

Background The DWP has issued a consultation seeking views on a range of policy questions relating to the creation of pensions dashboards. An indicative draft of the regulations is included with the consultation. In this response General...

Finance & investment briefing – March 2022

Our Finance & investment briefing (PDF) takes a look at current issues of interest to pension scheme investors. In this briefing Sweeping up the left-overs – trustee protections and residual risks in buy-out Legal...