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.
Welcome to the latest edition of our DC briefing, which highlights topical news on DC pensions from a legal viewpoint. DC schemes should offer members “value for money”. That’s easy to say and difficult to disagree with, but from...
Introduction With Government reforms allowing DC pension savers greater freedom and choice over their retirement options set to come into force on 6 April 2015, the DWP has published three sets of draft regulations which will make a number...
Introduction HMRC has published draft legislation and explanatory notes on pension flexibility and annuities for a technical consultation. The new provisions are designed to ensure that payments of annuities to beneficiaries can be made...
Introduction On 12 February 2015, TPR published a consultation on guidance for trustees of DB schemes on member requests for transfers from DB to DC schemes. In this Alert Key points Background General issues for trustees Draft guidance...
Introduction On 4 February 2015, the FCA confirmed the final rules requiring firms that operate workplace personal pension schemes to set up and maintain independent governance committees (IGCs). In this Alert: Key points Background Who is...
Introduction On 4 February 2015, the government published the response to its October 2014 Command Paper regarding governance and charges in occupational pension schemes providing DC benefits (see our earlier Alert). The final...
Introduction The DWP is consulting on technical changes to automatic enrolment with a view to further simplifying the automatic enrolment process and reducing the administrative burden on employers. In particular, the DWP wants to ensure...
