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.
Background The DWP is consulting on proposed regulations which will require trustees and managers to “deliver a Stronger Nudge” to pensions guidance when individuals seek to access, or transfer for the purpose of accessing, the pension...
Background In September 2020, in the consultation Improving outcomes for members of defined contribution schemes, the government set out that while consolidation is, to some degree, already happening, the rate at which this is occurring is...
Introduction On 19 July 2021, the DWP published a consultation seeking views on the draft Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2021 (“the Regulations”) and associated consequential changes that...
Background The DWP is consulting on the policy around the implementation of a threshold (or de minimis) below which the flat fee element of the combination charge used by pension providers cannot be charged to members. It is also seeking...
Background TPR is consulting on changes to its Code of Practice 12 (“the Code”) and the accompanying code-related guidance in relation to two new tests for imposing a Contribution Notice (“CN”). The new tests, the employer...
Background The DWP is consulting on the draft Occupational and Personal Pension Schemes (Disclosure of Information) (Amendment) Regulations 2022 and associated draft statutory guidance (which includes an illustrative template). Together,...
Introduction On 21 June 2021, the DWP issued its response to two consultations, together with a new call for evidence on “the future of the DC pension market: the case for greater consolidation” in the UK. The response addresses both...
Background The DWP is consulting on draft regulations intended to deliver on the provisions set out in section 125 of the Pension Schemes Act 2021 in relation to pension transfers to and from both occupational and personal pension schemes....
