Tag: Consolidation

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

DB Hot topic: DB superfunds – what trustees need to know

In recent years there has been a lot of discussion about consolidation of DB pension schemes. Drivers for consolidation include improving security of member benefits reducing the cost of running DB schemes, and managing governance and risk...

New interim regulatory regime for Superfunds

Introduction On 18 June 2020, TPR launched a new interim regulatory regime for DB consolidator superfunds (and other new models), pending the establishment of a full legislative framework. The new guidance, which came into effect...

DWP consults on DB consolidation vehicles

On 7 December 2018, the DWP published its latest consultation promised by this year’s White Paper (see our Alert), setting out its proposals for a new legislative framework for authorising and regulating DB “superfund” consolidation...

A simplified process for DC scheme consolidation

Introduction The DWP has finalised its proposals to simplify the process for consolidating DC pension schemes while maintaining member protection. The Occupational Pension Schemes (Preservation of Benefit and Charges and Governance)...