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.
At the start of the pandemic, TPR was quick off the mark to publish funding and investment guidance for trustees. It subsequently updated this in June, to reflect its view of the impact of the ongoing crisis on pension schemes and to...
Introduction On 21 October 2020, TPR published guidance for trustees and employers contemplating a transfer to a DB consolidator superfund (or other new model). The guidance sets out TPR’s approach to regulating such transfers, and its...
The FCA’s consultation on advising on pension transfers has now closed and we wait with baited breath for the response; expected in early 2021. Add that to the lists of reasons for wishing 2020 away. In the meantime though, there’s...
All occupational pension schemes must prepare an annual report and accounts within seven months of the end of each “scheme year”. However, on and from 1 October 2020, there is a new requirement that annual report and accounts must also...
Contents Our Sackers Corporate briefing (PDF) takes a look at the latest developments in pensions for employers and corporate investors. In this briefing: Scheme funding – what employers need to know Employers under strain – pensions...
In recent years there has been a lot of discussion about consolidation of DB pension schemes. Drivers for consolidation include improving security of member benefits reducing the cost of running DB schemes, and managing governance and risk...
Introduction Expedited as a result of the COVID-19 pandemic, the Corporate Insolvency and Governance Act 2020 (“the Act”) received Royal Assent on 25 June 2020. The Act is designed to provide businesses in financial difficulties with...
