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 TPR published its promised consultation on DB scheme funding on 2 December 2013, setting out the principles for DB funding and how TPR plans to regulate it. A new code of practice and other documents look forward to the new...
Introduction On 19 November 2013, TPR published new guidance on asset-backed contributions (ABCs). These are also commonly referred to as asset-backed funding (or special purpose vehicle) structures and pension funding partnerships...
Ten things to know now We understand that the draft Code of Practice on scheme funding is due to be published on 4 December 2013. The new affordability objective for TPR is included in the Pensions Bill 2013, which we expect to receive...
Introduction On 7 November 2013, the DWP unveiled its plans for “Reshaping workplace pensions for future generations”. The consultation, which follows the DWP’s November 2012 paper on Reinvigorating workplace pensions (see...
Introduction Pension liberation continues to be a major focus for pension scheme trustees faced with transfer requests from members wishing to move their assets from their current workplace pension scheme to another arrangement. The...
Introduction The DWP has issued regulations (“the Regulations”) which will allow trustees of schemes which provide bridging pensions to modify their scheme, by resolution, to take account of the changes being made to SPA. In...
Background The DWP’s consultation and draft regulations seek to address defective drafting in The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations 2010, which, if adopted, will amend...
