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 With Government reforms allowing DC pension savers greater freedom and choice over their retirement options set to come into force on 6 April 2015, the DWP has published three sets of draft regulations which will make a number...
Introduction HMRC has published draft legislation and explanatory notes on pension flexibility and annuities for a technical consultation. The new provisions are designed to ensure that payments of annuities to beneficiaries can be made...
Introduction On 12 February 2015, TPR published a consultation on guidance for trustees of DB schemes on member requests for transfers from DB to DC schemes. In this Alert Key points Background General issues for trustees Draft guidance...
Introduction The DWP is consulting on technical changes to automatic enrolment with a view to further simplifying the automatic enrolment process and reducing the administrative burden on employers. In particular, the DWP wants to ensure...
Introduction The recoverability of VAT on professional fees paid in respect of occupational pension schemes has been in the spotlight recently. Following two CJEU cases, HMRC issued two Briefs revising its original position on VAT and...
Introduction On 6 October 2014, the PPF announced that the levy estimate for 2015/16 would be set at £635 million, nearly 10% lower than the estimate for 2014/15. At the same time, the PPF published the conclusions of its consultation...
Introduction Last week, the Government published its response to the consultation on “Reshaping workplace pensions for future generations” (see our Alert) and a new Pension Schemes Bill (the “Bill”). The main purpose of the...
