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.
Introduction Several years in the making, the Pension Schemes Act (“the Act”) finally received Royal Assent on 11 February 2021. Key elements of the new Act include beefing up TPR’s powers, changes in relation to scheme funding, and...
Contents The Sackers Quarterly Briefing Q1 2021 highlights significant developments in pensions, covering key areas such as pensions reform, regulatory developments, new legislation and cases. Current legal agenda Pension Schemes Act 2021...
Our Finance & investment briefing (PDF) takes a look at current issues of interest to pension scheme investors. In this briefing: Brexit and pension scheme investment Legal update Derisking update Derisking facts &...
Introduction On 26 January 2021, the PPF published its final levy rules for the 2021/22 levy year. Click here for a PDF of this Alert. In this Alert Key points Brexit – overseas guarantors Other changes COVID-19 The Corporate Insolvency...
Introduction On 27 January 2021, the DWP published its response to the August 2020 consultation, “Taking action on climate risk: improving governance and reporting by Occupational Pension Schemes” (see our Alert), together with a...
The Government is “determined” to address the growth in the number of deferred small pots (of less than £1,000) and the impact this has on the consumer. In December 2020, the Small Pots Working Group Report (“the Report”) set out...
The Pensions & investment litigation briefing (PDF) reviews recent case law and examines the practical lessons for trustees and employers. In this briefing: Employers under stress TPO Annual Report PIL Autumn training 2020 –...
Introduction On 25 November 2020, HMT and the UK Statistics Authority (“UKSA”) published their response to this year’s consultation on the reform of RPI. Click here for a PDF of this Alert. In this Alert Key points Background How RPI...
Introduction Over two years on from its original decision, on 20 November 2020, the High Court handed down its judgment in the latest instalment of the Lloyds saga. It addresses the impact of the need to equalise for the effect of GMPs on...
