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

Pensions Bill 2013

Introduction The Pensions Bill 2013 (“the Bill”) was published on 10 May 2013. While its main purpose is to implement the new single tier state pension, it also contains several key measures for occupational pension schemes. In...

TPR’s 2013 scheme funding statement

Introduction TPR published its 2013 annual funding statement on 8 May 2013. This year’s annual statement is relevant for trustees and employers of all DB pension schemes, but is primarily aimed at those who are undertaking valuations...

Pension Liberation – what trustees need to know

Introduction There is growing evidence of a rise in pension liberation schemes and the systematic targeting of vulnerable members. This is not new; such schemes have been around for many years but often become more aggressive during times...

Sackers’ Response to DWP Consultation on the Disclosure Regulations 2013

Background The DWP’s consultation on The Occupational and Personal Pension Schemes (Disclosure of Information) Regulations 2013 (the Regulations) seeks to: streamline the regulations on disclosure, harmonising the terminology used...

Finance (No.2) Bill is Published

Introduction Following a consultation on draft provisions at the end of 2012,1 the Government has formally published the Finance (No.2) Bill) (the “Bill”) together with a set ofExplanatory Notes. In this Alert: Key points...

Budget 2013 heralds a new objective for TPR

Introduction In a Budget that generally contains little that is new for workplace pension schemes, the Chancellor has announced the introduction of a new objective for TPR. In this Alert: Key points A new statutory objective for TPR...

Top Tips in Misstatement and Overpayment Cases

Introduction Despite the best efforts of trustees and administrators, the misstatement and overpayment of benefits is not an uncommon event. These cases can often lead to protracted member complaints, many of which result in a complaint to...