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 On 21 October 2020, TPR published guidance for trustees and employers contemplating a transfer to a DB consolidator superfund (or other new model). The guidance sets out TPR’s approach to regulating such transfers, and its...
Our Master trust briefing (PDF) highlights key issues and developments for the sponsors and trustees of master trusts. In this briefing: Regulatory update Implementation statements Default funds in master trusts: key challenges Government...
The DC briefing (PDF) highlights topical news on DC pensions from a legal viewpoint. In this briefing: Improving outcomes for members of DC pension schemes Regulatory update Taking action on climate risk Moves to master trusts increase...
Background The DWP is consulting on changes to occupational pension schemes’ governance of and reporting on climate change. The proposals would require schemes to assess and manage climate risks and opportunities, and to publish a...
Introduction On 11 September 2020, the DWP published its response to the February 2019 consultation, “Investment Innovation and Future Consolidation” (“the 2019 Consultation”). The response includes a further consultation on...
Background The Pensions Regulator (“TPR”) is consulting on a revised defined benefit (“DB”) funding code of practice in two parts. This response relates to the first part of the consultation, which considers: TPR’s proposed...
Introduction On 26 August 2020, the DWP published a consultation on pension schemes’ governance and reporting on climate change. Initially, the proposed changes will be targeted at larger schemes, which will need to comply from October...
