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.
Introduction The recoverability of VAT on professional fees paid in respect of occupational pension schemes has been in the spotlight recently. Following two CJEU cases, HMRC issued two Briefs revising its original position on VAT and...
Introduction Transfers are emerging as one of the key issues for members of both DB and DC schemes when accessing the flexibilities promised by George Osborne in the March 2014 budget. Anecdotally few occupational DC schemes are likely to...
Introduction Still dealing with the fallout from the Chancellor’s announcements in the 2014 Budget, the UK pensions industry gave an audible sigh of relief on learning that, at least for the time being, George Osborne has no additional...
Background On 17 October 2014, the DWP published a Command Paper which includes its response to the consultation on minimum governance standards and certain questions on transparency. The Command Paper DWP is now consulting on draft...
In scope of the default fund charge cap on member-borne deductions. All member-borne deductions relating to scheme and investment administration paid to the pension provider or other third party Set-up fees Scheme-level entry fees; both on...
Introduction On 17 October 2014 the DWP published a Command Paper which includes its response to the consultation on minimum governance standards and certain questions on transparency, as well as a new consultation on draft regulations on...
Introduction The Taxation of Pensions Bill (the Bill) was formally published on 14 October 2014. This follows the publication of a draft of the Bill in August (see our Alert on the Draft Taxation of Pensions Bill). This Bill is designed...
