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

Quarterly briefing – December 2018

Contents The Sackers Quarterly Briefing Q4 2018 highlights significant developments in pensions, covering key areas such as pensions reform, regulatory developments, new legislation and cases. Current legal agenda Spotlight on master...

Consultation: delivering CDC schemes

Introduction On 6 November 2018, the DWP published its consultation on “Delivering collective defined contribution pension schemes”. Click here for a PDF of this Alert. In this Alert Key points History of CDC What is a CDC scheme? New...

Finance & investment briefing – December 2018

The Finance & Investment Briefing – December 2018 (PDF) takes a look at current issues of interest to pension scheme investors. In this briefing: Potential implications of Brexit ESG – changes in investment regulations: next steps...

The High Court decides – how to solve a problem like GMP equalisation

Introduction The High Court handed down its highly anticipated decision in Lloyds Banking Group Pensions Trustees Ltd v Lloyds Bank plc and others on 26 October 2018, concluding that benefits do need to be equalised for the effect of GMPs....

IORP II – green light for good governance

Introduction On 23 October 2018, the DWP published two sets of regulations designed to implement the second European Pensions Directive (“IORP II”) – the Occupational Pension Schemes (Governance) (Amendment) Regulations 2018 (“the...

DC briefing – October 2018

The DC briefing (PDF) highlights topical news on DC pensions from a legal viewpoint. In this briefing: Investment changes confirmed Retirement outcomes update TPR’s new approach to regulation On the horizon Spotlight: preventing...

DC hot topic: Exiting the DC master trust market

The arrival of the master trust authorisation regime has focused trustees’ and employers’ minds on the future of any DC non-associated multi-employer schemes that they run. Where these schemes meet the definition of a master trust in...

The 2019/20 PPF levy consultation

Introduction The PPF has published a consultation and draft levy rules which set out the basis on which it intends to charge the pension protection levy for the 2019/20 levy year. Click here for a PDF of this Alert. In this Alert Key...

DC hot topic: Transferring to a DC master trust – key issues

With the increased focus on governance of DC benefits it can be expensive and time consuming to meet all the regulatory expectations in an employer’s own occupational DC scheme or DC section of a hybrid DB/DC scheme.  We have seen a...