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

Brexit? How the referendum could affect UK pensions

Introduction On 23 June 2016, those eligible will be able to vote on the question “Should the United Kingdom remain a member of the European Union or leave the European Union?”. In the event that the UK does vote for “Brexit”, what...

TPR explains “how to” implement new DC code

Introduction On 13 April 2016, TPR launched a consultation on a series of new guides aimed at helping trustees know “how to” implement the draft revised DC code which is due to come into force in July 2016. For a PDF version of this...

DC briefing – March 2016

The DC briefing highlights topical news on DC pensions from a legal viewpoint. In this briefing: Four key DC issues Spotlight: DC risk and liability...

Draft code of practice no.13: Governance and administration of occupational defined contribution trust-based schemes

Background On 24 November 2015, TPR issued a consultation on a revised Code of Practice on the governance and administration of occupational DC trust based schemes. The purpose of the Draft Code is to “set out the standards of conduct...

Banning member-borne commission in occupational pension schemes

Introduction On 26 January 2016, the DWP published its response to the consultation, “Better workplace pensions: Banning member-borne commission in occupational pension schemes”.  The response includes a further consultation on the...

Occupational and Personal Pension Schemes and the Pension Protection Fund (Miscellaneous Amendments) Regulations 2016

Background The DWP’s consultation on the draft Occupational and Personal Pension Schemes and the Pension Protection Fund (Miscellaneous Amendments) Regulations 2016 was published on 23 November 2015. It seeks views on a number of...

Developing a Retirement Quality Mark

Background The Board of the Pension Quality Mark (PQM) launched a consultation in November 2015 on its proposed new Mark, the Retirement Quality Mark (RQM). The existing PQM is focused on the accumulation phase of retirement saving, with...