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 Following the publication of an industry “code of good practice” on incentive exercises (the “Code”)1 TPR has reviewed and replaced its incentives guidance with a short principles-based statement. In...
Introduction The Finance Act 2012, which received Royal Assent this week1, brings into force legislation on employer-asset backed contributions (ABCs) to occupational pension schemes, aimed at clamping down on arrangements that deliver...
Introduction In November 2011, Steve Webb, the Pensions Minister, confirmed his intention to “crack down” on bad practice in relation to incentive exercises (“IEs”). To achieve this, he tasked an industry working...
Introduction The PPF has strengthened the certification requirements for Type A contingent assets1 in response to concerns that, under the previous arrangements, some guarantors did not have the financial resources to meet their guarantee...
Introduction The Autumn Statement was delivered on 29 November 2011.1 Against the backdrop of the continuing economic crisis, the Chancellor, George Osborne, announced a number of measures aimed at maintaining economic stability and...
Introduction The pensions pre-Christmas rush is in full swing. With only 12 shopping days to go, key institutions are racing to get their publications out of the door. The latest festive offerings come from TPR and HM Treasury...
