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

Consultation on the draft Occupational Pension Schemes (Employer Debt) (Amendment) Regulations 2017 – Sackers’ response to DWP consultation

Background The DWP is seeking views on proposed changes to employer debt legislation for employers in non-segregated defined benefit multi-employer pension schemes. In this response: Introduction Chapter 2: The deferred debt arrangement...

2017 funding statement – TPR gets tough

Introduction TPR published this year’s annual funding statement on 15 May 2017. While primarily aimed at those carrying out valuations with effective dates in the period 22 September 2016 to 21 September 2017, it is relevant to all DB...

Defined benefit pension schemes: security and sustainability – Sackers’ response to DWP consultation

Background The DWP Green Paper on private sector DB pensions, “Security and sustainability in DB schemes”, sets out evidence about key challenges facing DB schemes and considers feedback from commentators. In this response General...

DWP consults on new employer debt option for multi-employer schemes

Introduction Back in 2015, the DWP issued a call for evidence (“the Call for Evidence”) in response to concerns about how the employer debt regime operates for employers in non-associated multi-employer schemes.  Seeking to address...

Consultation on the third PPF levy triennium

Introduction The PPF is consulting on how it intends to develop the PPF levy for the next three year period, or triennium, which starts in 2018/19. For a PDF version of this Alert click here. In this Alert Key points PPF-specific model...

TPR publishes DB investment guidance

Introduction The Pensions Regulator published new DB investment guidance on 30 March 2017. The guidance is aimed at the trustees of occupational DB pension schemes, with a view to helping them understand, manage and monitor key aspects of...

Key pension dates and deadlines – are you ready?

Introduction As has become customary for the pensions industry, 6 April heralds a number of changes and 2017 is no exception. For a PDF version of this Alert click here. In this Alert Key dates Early exit charges Deadline for IP14...