Tag: Decumulation

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.

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The DC Decumulation Revolution

“It’s Trustee duties, Jim, but not as we know it!” The Pension Schemes Bill includes long-awaited legislation on the default retirement pension benefit solution. Is this a welcome first step towards a legislative framework for DC...

A new DC decumulation framework (aka rethinking the pension freedoms)

As part of its Mansion House reforms announced in July, the Government published a consultation (which has since closed) on a new policy framework to support DC members in trust based schemes in decumulation. If I’ve lost you already...

Helping savers understand their pension choices

Background On 11 July 2023, the DWP issued a consultation on policy framework to support individuals use their pension savings in decumulation. In this response General comments Responses to specific consultation questions General comments...

Call for evidence – Helping savers understand their pension choices

Introduction The DWP published a call for evidence on 14 June 2022 to explore what support members of pension schemes need to help them make informed decisions about how to use their savings. It will also seek to understand what support...