News

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

VAT on professional fees

Introduction The position in relation to the recoverability of VAT on professional fees paid in respect of occupational pension schemes has been in the spotlight recently. HMRC has issued two Briefs, Brief 06/14 and Brief 22/14, which...

TPR has published its revised scheme funding code

Introduction TPR has published its revised code of practice, Funding Defined Benefits, along with a number of connected documents. The new code of practice and other documents look forward to the introduction of the sustainable growth...

Consultation on draft regulations relating to the abolition of DB contracting-out

Introduction On 8 May 2014, the DWP issued a consultation asking for views on proposed legislative changes which follow on from the abolition of DB contracting-out, together with draft regulations. In this Alert: Key points ...

Final regulations on reclassifying DC benefits

Introduction The DWP has published final Regulations following the October 2013consultation on reclassifying DC benefits in the wake of the Bridge Trustees case.  The Supreme Court’s July 2011 decision in Bridge...

Pensions back on the EU agenda

Introduction The morning after the night before (the much publicised Farage/Clegg debate on Europe), the European Commission published a proposal for a new Occupational Pension Funds Directive with somewhat less fanfare. Long awaited,...

Funding defined benefits – response to consultation

Background TPR issued a consultation on DB scheme funding on 2 December 2013.  The suite of draft documents on scheme funding are: the consultation document, Regulating defined benefit pension schemes a draft code of practice, Funding...

Reclassifying DC benefits – Sackers’ response to consultation

Background The DWP’s consultation on the draft Regulations that provide transitional, supplementary and consequential measures supporting the commencement of section 29 of the Pensions Act 2011 seeks views on the Government’s...